“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.”
“Invert, always invert. Turn a situation or problem upside down. Look at it backward.”
“Spend each day trying to be a little wiser than you were when you woke up. Discharge your duties faithfully and well. Step by step you get ahead, but not necessarily in fast spurts. But you build discipline by preparing for fast spurts.”
“I never allow myself to have an opinion on anything that I don't know the other side's argument better than they do.”
“The big money is not in the buying and the selling, but in the waiting.”
“Show me the incentive and I will show you the outcome.”
“In my whole life, I have known no wise people who didn't read all the time — none, zero.”
“The safest way to try to get what you want is to try to deserve what you want.”
“Acknowledging what you don't know is the dawning of wisdom.”
“A great business at a fair price is superior to a fair business at a great price.”
“You don't have to be brilliant, only a little bit wiser than the other guys, on average, for a long, long time.”
“The best thing a human being can do is to help another human being know more.”
“Mimicking the herd invites regression to the mean.”