“The investor’s primary interest lies in acquiring and holding suitable securities at suitable prices.”

Mr. Market’s job is to provide you with prices; your job is to decide whether it is to your advantage to act on them. You no not have to trade with hime just because he constantly begs you to.

In other words, the market is not a weighing machine, on which the value of each issue is recorded by an exact and impersonal mechanism, in accordance with its specific qualities.

The intelligent investor is a realist who sells to optimists and buys from pessimists.

At heart, “uncertainty” and “investing” are synonyms.

The Reservoir plan is an engineering mechanism applied to the field of economics, and in its essence it has nothing to do with democracy or any other political philosophy.

We define a bargain issue as one which, on the basis of facts established by analysis, appears to be worth considerably more that it is selling for.

The defensive (or passive) investor will place chief emphasis on the avoidance of serious mistakes or losses. His second aim will be freedom from effort, annoyance, and the need for making frequent decisions.

Even the most conservative must realize that the recent transformation of surplus from an individual to a national disaster implies a scathing indictment of our capitalist system as it has now developed.

A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.

Do not let anyone else run your business

Never buy a stock because it has gone up or sell one because it has gone down.

It is absurd to think that the general public can ever make money out of market forecasts.

It is a fact worth pondering that four centuries ago the evil of “an abundance or surplus” arose from its being kept off the market, while today the evil of surplus lies in its being thrown upon the market.

The stock market resembles a huge laundry in which institutions take in large blocks of each others washing … without rhyme or reason.

To establish the right price for a stock, the market must have adequate information, but it by no means follows that is the market has this information it will thereupon establish the right price.

The money cost of the reservoir plan literally fades into insignificance when it is compared with the financial burden which the great depression imposed on the nation.

Rhythm and timing are the two things which we all must have, yet no one knows how to teach either.

An artist or writer hasn’t any monopoly …. If the public response to his artistry is lacking, he’d do well to spend more time analyzing what’s the matter with his work, and less time figuring what’s the matter with the public.

Comedy is tragedy plus timing.

If the request is wrong, God says, No. If the timing is wrong, God says, Slow. If you are wrong, God says, Grow. But if the request is right, the timing is right and you are right, God says, Go!

Only liars manage to always be out during bad times and in during good times.

You can create something that is pure genius, but you have to get your timing right.

Trust in God’s timing. It’s better to have to wait a while and have things fall into place then to rush into something and have things fall apart.

Not only the rainbows but the storms too appear in your sky in the divine timing.