In life, an abundance of confidence gives us higher motivation, persistence, and optimism and can allow us to accomplish things we otherwise might not have undertaken.
My experience is that very few people have what it takes to be a successful investor, as I discussed in The Arrogance of Stock Picking.
While there's always plenty of room for improvement, our government is actually quite effective and efficient. Our military and judicial systems and national parks are the best in the world. Unlike in...
There is a natural tendency for investors to devote a significant majority of their time to finding new ideas. After all, uncovering great companies selling at great prices is the lifeblood of...
I think that most people who complain about our government have no idea what they're talking about because they've never been to a country with a bad government.
The deal machinations many companies put themselves through, while certainly a bonanza for investment bankers, can confound the typical investor.
You use a glass mirror to see your face; you use works of art to see your soul.
But that was war. Just about all he could find in its favor was that it paid well and liberated...
The TV business is uglier than most things. It is normally perceived as some kind of cruel and...
You better take care of me Lord, if you don't you're gonna have me on your hands.
It was the Law of the Sea, they said. Civilization ends at the waterline. Beyond that, we all enter...
Reality is that which, when you stop believing in it, doesn't go away.
The Edge... there is no honest way to explain it because the only people who really know where it is...
If I'd written all the truth I knew for the past ten years, about 600 people - including me - would...
Silence is only frightening to people who are compulsively verbalizing.