Don't be afraid to be a loner but be sure that you are correct in your judgement.

This is a business. Like any other business.

You have to have patience in this field.

By setting up Berkshire Hathaway, Warren has done everything very rationally.

We like to buy stocks which we feel are undervalued and then we have to have the guts to buy more when they go down.

The market is a very emotional place that appeals to fear and greed.

Warren is a very good judge of people and he's a very good judge of businesses.