1. "If principles can become dated, they're not principles." Warren Buffett

2. "The price-to-sales ratio is the best value ratio to use for buying market beating stocks." James O'Shaughnessy

3. "October.  This is one of the peculiarly dangerous months to speculate in stocks.  The others are July, January, September, April, November, May, March, June, December, August, and February." Mark Twain

4. "You can do four times as well as the S&P 500 by concentrating on large, well known stocks with high dividend yields." James O'Shaughnessy

5. "Uniting growth and value strategies is the best way to improve your investment performance." James O'Shaughnessy

6. "The market clearly and consistently rewards certain attributes and clearly and consistently punishes others." James O'Shaughnessy

7. "The market is there only as a reference point to see if anybody is offering to do anything foolish." Warren Buffett

8. "The dumbest reason in the world to buy a stock is because it's going up." Warren Buffett

9. "Price is what you pay.  Value is what you get." Warren Buffett

10. "Most people get interested in stocks when everyone else is.  The time to get interested is when no one else is.  You can't buy what is popular and do well." Warren Buffett

11. "I have seen no trend toward value investing in the 35 years I've practiced it.  There seems to be some perverse human characteristic that likes to make easy things difficult." Warren Buffett

12. "Risk comes from not knowing what you are doing." Warren Buffett

13. "It's only when the tide goes out that you learn who's been swimming naked." Warren Buffett on Investing with borrowed money

14. "In the realm of ideas, everything depends on enthusiasm; in the real world, all rests on perseverance." James O'Shaughnessy

15. "We are a bundle of inconsistencies, and although they make us interesting, they play havoc with our ability to invest our money successfully." James O'Shaughnessy

16. "An ounce of emotion is equal to a ton of facts." John Junor

17. "People who habitually purchase common stocks at more then about 20 times their average earnings are likely to lose considerable money in the long run." Ben Graham and David Dodd

Favorite Sites

CFA Institute - The authority on advancing investment knowledge: CFA Institute 

Canadian value investing: Stingy Investor

Current prices and market news: Globe Investor

Investor Education: Canadian Investor Education