We try more to profit from always remembering the obvious than from grasping the esoteric.

Whoever makes you smarter a little earlier in life makes you better

I don't spend much time regretting the past, once I've taken my lesson from it. I don't dwell on it.

Spend each day trying to be a little wiser than you were when you woke up.

A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business

Our biggest mistakes, were things we didn't do, companies we didn't buy.

Where you have complexity, by nature you can have fraud and mistakes. You'll have more of that than in a company that shovels sand from a river and sells it. This will always be true of financial companies, including ones run by governments. If you want accurate numbers from financial companies, you're in the wrong world.