The bulls might be right that the company's accounting is fine, but they're asking us to take it on faith. We prefer to verify.

I try to learn from every mistake. When we lose money, I want to understand exactly why we lost it.

I don't go to many meetings. I find reading the reports is usually more informative than talking to management.

-- Walter Schloss

There is no substitute for personally visiting companies and their countries.

-- Mark Mobius

Fearlessness is not the absence of fear. It's the mastery of fear.

-- Arianna Huffington

To buy when others are despondently selling and to sell when others are avidly buying requires the greatest fortitude and pays the greatest ultimate rewards.

-- John Templeton

Have the courage of your knowledge and experience. If you have formed a conclusion from the facts and if you know your judgment is sound, act on it — even though others may hesitate or differ.

-- Benjamin Graham

I look at a company the way a private buyer would look at it.

-- Mario Gabelli