The old culture had come out of poverty, out of English customs.

We may well have a competitive advantage buying decent businesses at decent prices. But they won't be fabulous businesses and fabulous prices. There's too much competition and money out there, with many buyout specialists.

Choose clients as you would friends.

It’s not greed that drives the world, but envy.

We're the tortoise that has outrun the hare because it chose the easy predictions.

If you want to understand science, you have to understand math. In business, if you're enumerate, you're going to be a klutz. The good thing about business is that you don't have to know any higher math.

There's more honor in investment management than in investment banking.