The best business decision is often the one that's hardest to make—the decision to do nothing when everyone else is doing something.

The big money is not in the buying and selling, but in the waiting. Lethargy bordering on sloth remains the best investment style.

The first rule of compounding: Never interrupt it unnecessarily. The second rule of compounding: Never interrupt it unnecessarily.

The best investment you can make is in yourself. But very few people do it, because it's unglamorous and requires a lot of discipline.

The big money is not in the buying and selling, but in the waiting. Investors often confuse activity with progress—the most valuable thing you can do is simply sit with a good decision.