A bear market is a period of time during which people who think this time is different sell their common stocks—at prices which will never be seen again—to people who know that this time is never different.
Price is what you pay. Value is what you get.
Investing without research is like playing poker without looking at your cards.
Many of life's failures are people who did not realize how close they were to success when they gave up.
A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguished from the truth.