I always say that in investing you want to buy stock in a company that has a business that's so good that an idiot can run it, because sooner or later one will. We have a country like that.

The truth is, everything that has happened in my life... that I thought was a crushing event at the time, has turned out for the better.

We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

Government can't deliver a free lunch to the country as a whole. It can, however, determine who pays for lunch. And last week the Senate handed the bill to the wrong party... the poor and middle class.

When you listen to tax-cut rhetoric, remember that giving one class of taxpayer a break requires - now or down the line - that an equivalent burden be imposed on other parties. In other words, if I get a break, someone else pays. Government can't deliver a free lunch to the country as a whole. It can however, determine who pays for lunch.

I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.