The market does not beat them. They beat themselves, because though they have brains they cannot sit tight.

The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street.

There is nothing new in Wall Street. There can't be because speculation is as old as the hills.

A man must believe in himself and his judgment if he expects to make a living at this game.

It was never my thinking that made the big money for me. It always was my sitting.

You have to understand the business before you understand the stock.

-- Mario Gabelli

Concentration is the key. If you believe in something, you should bet big on it.

-- Bruce Berkowitz

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.

-- David Einhorn

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

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

If you want to have a better performance than the crowd, you must do things differently from the crowd.

-- John Templeton