Wisdom of value investors

There have been some great quotes associated with value investing and by value investors such as Graham, Buffett, Munger, Schloss etc. Enclosed is a compilation of the same -

"It's better to be approximately right than to be precisely wrong."

"What we learn from history, is that we don't learn from history."

"The more cash that builds up in the treasury, the greater the pressure to piss it away." (check ITC and it's foray in unrelated businesses)

"The smarter side to take in a bidding war is often the losing side." – Warren Buffett

"The most dangerous words in the investment business are, "this time it's different."" – John Templeton

"No matter how great the talent or effort, some things just take time: you can't produce a baby in one month by getting nine woman pregnant." – Warren Buffett

Courtesy: 1. Google.com; 2. 'My favourite quotes' by Sanjay Bakshi

My favourite is one which my first boss often recited - "With data you can prove anything ... even the truth". (one reason, why my posts look pathetic with no data)