'The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable.' - Financial Review, 1985

'Charlie and I decided long ago that in an investment lifetime it's too hard to make hundreds of smart decisions. That judgement became ever more compelling as…

'I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.'- lecturing to a group of students …

'In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have ca…