Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.

Know what you own, and know why you own it.

Invest in what you know.

The key to making money in stocks is not to get scared out of them.

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

By failing to prepare, you are preparing to fail.

-- Benjamin Franklin

Conceive optimistically, plan pessimistically, execute optimistically.

-- Kazuo Inamori

The most dangerous poison is the feeling of achievement. The antidote is to every evening think what can be done better tomorrow.

-- Ingvar Kamprad

Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match.

-- Joel Greenblatt

The market can stay irrational longer than you can stay solvent.

-- Jeremy Grantham

I try to invest in companies where the downside is limited and the upside is significant.

-- Bruce Berkowitz