"If you want to shoot rare, fast-moving..." - Quote by Warren Buffett

“So smile when you read a headline that says "Investors lose as market falls." Edit it in your mind to "Disinvestors lose as market falls-but investors gain." Though writers often forget this truism, there is a buyer for every seller and what hurts one necessarily helps the other. (As they say in golf matches: "Every putt makes someone happy.")”

“Investors... can't pick stocks that are better than average. Stocks are a good thing to own over time. There's only two things you can do wrong: You can buy the wrong ones, and you can buy or sell them at the wrong time. And the truth is you never need to sell them.”

“John Maynard Keynes essentially said, don't try and figure out what the market is doing. Figure out a business you understand, and concentrate.”

“Take a good rest, small bird," he said. "Then go in and take your chance like any man or bird or fish.”

“I always tried to turn every disaster into an opportunity.”

“Opportunity may only come once in a lifetime.”

“If you fail to plan,you can plan to fail.”

“Failure seems to be nature's plan for preparing us for great responsibilities.”

“The relevant question is not simply what shall we do tomorrow, but rather what shall we do today in order to get ready for tomorrow.”