Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don’t have the first, the other two will kill you. You think about it; it’s true. If you hire somebody without [integrity], you really want them to be dumb and lazy.
We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
Price is what you pay. Value is what you get.
Someone’s sitting in the shade today because someone planted a tree a long time ago.
It’s only when the tide goes out that you discover who’s been swimming naked.
Risk comes from not knowing what you’re doing.
Beware of geeks bearing formulas.
I always knew I was going to be rich. I don’t think I ever doubted it for a minute.
After all, you only find out who is swimming naked when the tide goes out.
Chains of habit are too light to be felt until they are too heavy to be broken.
Our favorite holding period is forever.