“I am no longer an advocate of elaborate techniques of security analysis in order to find superior value opportunities.”

In the short run, the market is a voting machine, but in the long run it is a weighing machine.

Whether we like it or not, government intervention in the face of surplus is here to stay.

Stock speculation is largely a matter of A trying to decide what B, C and D are likely to think-with B, C and D trying to do the same.

The modern world is not geared properly to the storage of goods.

Many progressive economists insist that gold is now in essentially the same position as silver and that the arguments the simon-pure gold advocates use against the white metal can be directed with equal effect against their own fetish.

The chief losses to investors come from the purchase of low-quality securities at times of favorable business conditions.

Speculative stock movements are carried too far in both directions, frequently in the general market and at all times in at least some of the individual issues.

The true investor… will do better if he forgets about the stock market and pays attention to his dividend returns and to the operation results of his companies.

The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily ambiguous; and its future is highly uncertain.

Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble… to give way to hope, fear and greed.

It is worth pointing out that assuredly not more than one person out of a hundred who stayed in the market after after 1925 emerged from it with a net profit and that the speculative losses taken were appalling.

Rather should we say that the market is a voting machine, whereon countless individuals register choices which are the product partly of reason and partly of emotion.

Price statistics show clearly that instability in raw-material prices is a prime cause of instability of other prices.

No statement is more true and better applicable to Wall Street than the famous warning of Santayana: “Those who do not remember the past are condemned to repeat it”.

No matter how careful you are, the one risk no investor can ever eliminate is the risk of being wrong. Only by insisting on what Graham called the “margin of safety” – never overpaying, no matter how exciting an investment seems to be – can you minimize your odds of error.

Though business conditions may change, corporations and securities may change, and financial institutions and regulations may change, human nature remains the same.

In order to experience everyday spirituality, we need to remember that we are spiritual beings spending some time in a human body.

Moral choices do not depend on personal preference and private decision but on right reason and, I would add, divine order.

In matters of the heart as well, a certain level of negativity and suspicion is universally recommended. You may try to project a thoroughly positive outlook in order to attract a potential boyfriend, but you are also advised to Google him.

While there are many varieties of grills, each with their own virtues to be sure, I prefer the standard Weber kettle grill. Don’t be fooled into thinking that you need any fancy gadgets in order to take advantage of cooking over a live fire. Just a good set of tongs and you’re set.

People would believe propagate, spread rumors or conspiracy theories in order to protect their own system of denial.

When you buy into any version of fear, it can become your experience because your molecules are intelligent and your energy responds to the predominant feeling in your being. The focus of your mind is exactly what gives the orders to create what you experience.

I am attempting to move away from the exclusionary practices of feminist theory, particularly anti-pornography rhetoric, in order to amplify the discussion about the complexity of pleasure for women.

I will sell Chiropractic, serve Chiropractic, and save Chiropractic if it will take me twenty lifetimes to do it. I will promote it within the law, without the law, in keeping with the law or against the law in order to get sick people well and keep the well from getting sick.