One of the tricks of this business is, keep your losses down.

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

I tried to follow Ben Graham's ideas.

I don't have a ticker-tape machine in my office.

Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper.

Have a philosophy of investment and try to follow it.

Yes, Warren has done very well.