The basic skills of math, English and writing are not enough, ... You must develop a basic system of values to form and guide the use of these skills. The true test will not be what you learned in college, but how you used what you learned.

If everyone thinks one way, it is likely to be wrong. If you can figure out that it is wrong, you are likely to make a lot of money.

I learned very early in my investing careers: I better not invest in what I want. I better invest in what's happening in the world. Otherwise I'll be broke - dead broke.

The last leg of a bull market always ends in hysteria; the last leg of a bear market always ends in panic.

Without giving specific names, most of the significant American banks, the larger banks, are bankrupt, totally bankrupt.

I was poor once, I didn't like it, I don't want to be poor again.

Right now I own shares of companies in 28 countries.