Mark Twain

Don’t go around saying the world owes you a living. The world owes you nothing. It was here first.

Pessimism is only the name that men of weak nerve give to wisdom.

He liked to like people, therefore people liked him.

Never put off until tomorrow, what you can put off until the day after tomorrow.

A good memory and a tongue tied in the middle is a combination which gives immortality to conversation.

Truth is neither alive nor dead; it just aggravates itself all the time.

Diversification is a protection against ignorance. It makes very little sense for those who know what they’re doing.

The rich invest in time, the poor invest in money.

Our favorite holding period is forever.

October: This is one of the particularly dangerous months to invest in stocks. Other dangerous months are July, January, September, April, November, May, March, June, December, August and February.

Successful investing takes time, discipline and patience. No matter how great the talent or efforts, some things just take time. You can’t produce a baby in one month by getting nine women pregnant.

It makes more sense to buy a wonderful business at a fair price than it does to buy a fair business at a wonderful price.

Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.

Never invest in a business you can’t understand.

The most important quality for an investor is temperament, not intellect. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd.

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.