Even if you assume that the whole economy would work better had we never had double taxation, having the envy and resentment of the richest paying low or no taxes screams of injustice. You have to have a fair system.

You're not going to get very far in life based on what you already know. You're going to advance in life by what you're going to learn after you leave here.

Cicero's words also increased my personal satisfaction by supporting my long-standing rejection of a conventional point of view.

Without numerical fluency, in the part of life most of us inhibit, you are like a one-legged man in an ass-kicking contest.

You have to have a temperament to grab ideas and do sensible things. Most people don’t grab the right ideas or don’t know what to do with them.

I'm used to people with very high IQs knowing how to recognize reality, but there's a huge human tendency where it may be instructive to think that whatever you're doing to succeed is all right.

Wrigley is a great business, but that doesn't solve the problem. Buying great businesses at advantageous prices is very tough.