When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.

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.

I spend about fifteen minutes a year on economic analysis.

I like to buy a company any fool can manage because eventually one will.

I don't know anyone who said on their deathbed: 'Gee, I wish I'd spent more time at the office.'

Visiting stores and testing products is one of the critical elements of the analyst's job.