In my opinion, the entire field of investment management, involving hundreds of billions of dollars, would be more satisfactorily conducted if everyone had a good yardstick for measurement of ability and sensibly applied it.

I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.

Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.

I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.

I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.

It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.

Let blockheads read what blockheads wrote.