"I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." - Warren Buffett

"Based on my own personal experience - both as an investor in recent years and an expert witness in years past -- rarely do more than three or four variables really count. Everything else is noise." - Marty Whitman

"Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results." - Warren Buffett

"The four most expensive words in the English language are, 'This time it's different.” - Sir John Templeton

"The stock market is filled with individuals who know the price of everything, but the value of nothing." -- Philip Fisher

"There are all kinds of businesses that I don't understand, but that doesn't cause me to stay up at night. It just means I go on to the next one, and that's what the individual investor should do."  - Warren Buffett

"In investing, what is comfortable is rarely profitable." - Robert Arnott

"The market does not beat them. They beat themselves, because though they have brains they cannot sit tight." - Jesse Livermore

Wide diversification is only required when investors do not understand what they are doing. - Warren Buffett

When I'm bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don’t buy long stocks on a scale down, I buy on a scale up. - Jesse Livermore

The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements. - Jesse Livermore

Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it. - Peter Lynch

The most common cause of low prices is pessimism. We want to do business in such an environment, not because we like pessimism, but because we like the prices it produces. It's optimism that is the enemy of the rational buyer. None of this means, however, that a business or stock is an intelligent purchase simply because it is unpopular; a contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling. - Warren Buffett