As time goes on, I get more and more convinced that the right method of investment is to put fairly large sums into enterprises which one thinks one knows something about and in the management of which one thoroughly believes.

Chess is a cure for headaches.

There is no intrinsic reason for the scarcity of capital.

Experience shows that what happens is always the thing against which one has not made provision in advance.

In the long run we are all dead.

I should have drunk more Champagne.

If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.