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AND IN RETIREMENT
Many shall be restored that now are fallen and many shall fall that now are in honor.
Buy low and sell high. It’s pretty simple. The problem is knowing what’s low and what’s high.
Outperforming the majority of investors requires doing what they are not doing.
Many of life's failures are people who did not realize how close they were to success when they gave up.
I don’t think it is terribly hard to spot a bubble. … I’ve been doing this now for 50 years, and I’ve lived through a few bubbles, and I’ve seen bubble behavior. Almost every bubble is characterized by people saying about a certain asset or a certain asset class, ‘There is no price too high.’