The single greatest edge an investor can have is a long-term orientation.

The stock market is the story of cycles and of the human behavior that is responsible for overreactions in both directions.

At the root of all financial bubbles is a good idea carried to excess.

Divide each difficulty into as many parts as possible for a better solution.

-- René Descartes

The key to investing is figuring out what something is worth and paying less for it.

-- Mario Gabelli

Buying good companies at bargain prices is the secret to making a lot of money.

-- Joel Greenblatt

You don't get rewarded for taking risk; you get rewarded for buying cheap assets.

-- Jeremy Grantham

The stock market is the only business I know that when things go on sale, the customers run out of the store.

-- Leon G. Cooperman

I always look for a company where the stock price is below what I believe the value of the enterprise to be.

-- Leon G. Cooperman