The party line is that stocks historically have outperformed all other investment plans.

A good investor in this new world knows to always expect the unexpected.

I've lost tremendous amounts of money in various markets and I think that that's something that makes you better at my job, not worse.

And, strangely, this one of the few things in life that the third, the latter, the buy with our eyes closed has actually done better than everybody else.

Oligopoly, plutocracy, kleptocracy: All things that are good for a shareholder.

If you can't find the next McDonald's, I'll find the next McDonald's. But it's vital to be with people who with looking for 'em, because they do exist. They are created.

I mean I'm not smarter than the market, but I can recognize a good tape and a bad tape. I recognize when it's right and when it's wrong and that's what my strength is.