"There seems to be some perverse human characteristic that likes to make easy things difficult." - Warren Buffett

"Something at 30x earnings growing at 25% per year can be much cheaper than something at 7x earnings growing at 3%." - Julian Robertson

"Speculation is most dangerous when it looks easiest." - Warren Buffett

"Lethargy, bordering on sloth, should remain the cornerstone of an investment style." - Warren Buffett

"Great trades often feel uncomfortable at inception." - George Soros

"When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever." - Warren Buffett

"It’s worth reminding ourselves from time to time that gyrations in a stock’s price may tell us absolutely nothing about the prospects of the company involved." - Peter Lynch

"In the early 1990s, the ‘Decline and Fall of California’ was in the news. It made me want to buy California stocks – just as the disaster headlines in New England in 1990 or in Britain in the early ’80s preceded brilliant stock rebounds." - Peter Lynch

"I don’t have a particular style of investing; I try to change my style to fit the conditions." - George Soros

"I deal in facts, not forecasting the future." - Peter Lynch

"I am a better investor because I am a businessman, and a better businessman because I am an investor." - Warren Buffett

"Do not make small investments. If you are going to put money at risk, make sure the reward is high enough to justify the time and effort you put into the investment decision." - Michael Steinhardt

"The weakest links in a system tell you where the wrecking ball will swing." - George Soros

"One thing that could help would be to write down the reason you are buying a stock before your purchase. Write down "I am buying Microsoft at $300 billion because..." Force yourself to write this down. It clarifies your mind and discipline." - Warren Buffett

"Too many investors focus on 'outlook' and 'trend'. Therefore, more profit is made by focusing on value." - John Templeton

"Just as outright euphoria is often a sign of a market top, fear is for sure a sign of a market bottom." - Michael Steinhardt

"Basically, we try to buy value expressed in the differential between its price and what we think it’s worth." - Walter Schloss

"I always said if a guy was long the best 50 companies he knew and short the 50 worst, if that didn’t work you were in the wrong business." - Julian Robertson

"The companies that do well look out five, six, seven years. Some decisions they make may not be the right thing for next year." - Peter Lynch

"I was always net long… When asked why I never went net short: Because I never wanted to get up in the morning hoping that things would be getting worse." - Bob Wilson