"Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell"

"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"

"Successful investing is not an easy job. It requires an open mind, continuous study and critical judgment. Changes of trend occur when least expected. Policies profitable for the last ten years will not be the best in the next ten"

"'This time is different' are among the most costly four words in market history"

"Investors are people who buy for fundamental values. Speculators are those who buy in the hope of selling later to someone else at high prices"