If everybody is buying something, I would tend to sell. If nobody is interested in something, I would tend to buy.

I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up.

The best advice I ever got was from my father. He said, 'Do what you love doing, and don't spend money on things you don't need.'

The way of the future is to learn Mandarin Chinese.

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

Be fearful when others are greedy, and greedy when others are fearful.

-- Warren Buffett

The single most important change I made was to move from New York to Zurich.

-- Guy Spier