I make no attempt to forecast the general market — my efforts are devo — Warren Buffett

"I like thinking big. I always have. To me its very simple: if youre going to be thinking anyway, you might as well think big."

"Draw a circle around the businesses you understand and then eliminate those that fail to qualify on the basis of value, good management and limited exposure to hard times. ... Buy into a company because you want to own it, not because you want the stock to go up. ... People have been successful investors because theyve stuck with successful companies. Sooner or later the market mirrors the business."

"Love is the greatest advantage a parent can give."

"In my view, for most people, the best thing to do is to own the S&P 500 index fund. People will try and sell you other things because there’s more money in it for them if they do. And I’m not saying that that’s a conscious act on their part. Most good salespeople believe their own baloney."

"Youre dealing with a lot of silly people in the marketplace; its like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be O.K."

"Bens Mr. Market allegory may seem out-of-date in todays investment world, in which most professionals and academicians talk of efficient markets, dynamic hedging and betas. Their interest in such matters is understandable, since techniques shrouded in mystery clearly have value to the purveyor of investment advice. After all, what witch doctor has ever achieved fame and fortune by simply advising "Take two aspirins"?"