Buffett means by 'Only when the tide goes out do you discover who's been swimming naked'

Warren Buffett means by 'Be fearful when others are greedy, greedy when others are fearful'

Warren Buffett's paradoxical investment strategy: "Be fearful when others are greedy, greedy when others are fearful."

Glossary of contract bridge terms

Margin of safety principle: Buy below intrinsic value

List of Saturday Night Live commercial parodies

James Signorelli produced many SNL ad parodies

Buffett means by a company's moat

Buffett's moat refers to a durable competitive advantage that protects a company from competitors

Buffett's annual letters consistently emphasize

Buffett's letters consistently emphasize the importance of return on equity over earnings per share

John Maynard Keynes

Keynes coined the phrase "In the long run, we are all dead."