If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes

The more cash that builds up in the treasury, the greater the pressure to piss it away.

Long-term investing has gotten so popular, it's easier to admit you're a crack addict than to admit you're a short-term investor.

During the Gold Rush, most would-be miners lost money, but people who sold them picks, shovels, tents and blue-jeans (Levi Strauss) made a nice profit.

So while I was in college I did a little study on the freight industry, the air freight industry. And I looked at this company called Flying Tiger. And I actually put a thousand dollars in it and I remember I thought this air cargo was going to be a thing of the future.

Suicide is a permanent solution to a temporary problem. Suicide is a choice and I think if we work with that with kids, we'll get somewhere.

All you need for a lifetime of successful investing is a few big winners, and the pluses from those will overwhelm the minuses from the stocks that don't work out.