Three rules for a career: 1) Don’t sell anything you wouldn’t buy yourself; 2) Don’t work for anyone you don’t respect and admire; and 3) Work only with people you enjoy.

Those of us who have been very fortunate have a duty to give back. Whether one gives a lot as one goes along as I do or a little and then a lot [when one dies] as Warrendoes is a matter of personal preference. I would hate to have people ask me for money all day long.

If mutual fund directors are independent, then I'm the lead character in the Bolshoi Ballet.

If you don't allow for self-serving bias in the conduct of others, you are, again, a fool.

The game is to keep learning, and I don't think people are going to keep learning who don't like the learning process.

Even in pure mathematics they can't remove all paradox, and the rest of us should also recognize we are going to have to endure a lot of paradox, like it or not.

Mimicking the herd invites regression to the mean.