"We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children."

Warren Buffett

"We've long felt that the only value of stock forecasters is to make fortune tellers look good. Even now, Charlie and I continue to believe that short-term market forecasts are poison and should be kept locked up in a safe place, away from children and also from grown-ups who behave in the market like children."

"The most important investment judgments at most big institutions and for most large portfolios are made by committees, but few realize the negative dynamics of group interaction. I think that, in most instances, groups of intelligent people have so many inherent liabilities. that a lone individual has a far better chance of making good decisions. The collective intelligence of the group is surely less than the sum of its parts, and the more people on a committee, the less chance it has to be wise and crisp in its decision making."

Barton Biggs

"The most important investment judgments at most big institutions and for most large portfolios are made by committees, but few realize the negative dynamics of group interaction. I think that, in most instances, groups of intelligent people have so many inherent liabilities. that a lone individual has a far better chance of making good decisions. The collective intelligence of the group is surely less than the sum of its parts, and the more people on a committee, the less chance it has to be wise and crisp in its decision making."

"The greatest enemy of a good plan is the dream of a perfect plan."

Carl von Clausewitz

"The greatest enemy of a good plan is the dream of a perfect plan."

"The doorstep to the temple of wisdom is a knowledge of our own ignorance."

Benjamin Franklin

"The doorstep to the temple of wisdom is a knowledge of our own ignorance."

John Bogle

"In investing, rely on the ordinary virtues that intelligent, balanced human beings have relied on for centuries: common sense, thrift, realistic expectations, patience, and perseverance."