“Investment Philosophy Is The Clear Understanding That

Forecasts May Tell You A Great Deal About The Forecaster; They Tell You Nothing About The Future.

A Pack Of Lemmings Looks Like A Group Of Rugged Individualists Compared With Wall Street When It Gets A Concept In Its Teeth.

You're Neither Right Nor Wrong Because Other People Agree With You. You're Right Because Your Facts Are Right And Your Reasoning Is Right - That's The Only Thing That Makes You Right. And If Your Facts And Reasoning Are Right, You Don't Have To Worry About Anybody Else.

Beware [of] The Investment Activity That Produces Applause; The Great Moves Are Usually Greeted By Yawns.

“The Most Important Thing To Do If You Find Yourself In A Hole Is To Stop Digging.”