Warren Buffett has said many times that people either get value investing in five minutes or they won’t get it in five years. — Mohnish Pabrai
[If you’re a value investor] there are no bad days in the market. When the market is down, you’ve got bargains, and it’s lovely to think of what you are buying at low prices. When the market is up, the bargains have gone, but you’re rich. — Bruce Greenwald..