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.

I checked the actuarial tables, and the lowest death rate is among six-year-olds. So I decided to eat like a six-year-old.

You are neither right nor wrong because the crowd disagrees with you.

No matter how great the talent or efforts, some things just take time.

Take the job you would take if you were independently wealthy. You're going to do well at it.

I never invest in anything that I don't understand.

We do not view the company itself as the ultimate owner of our business assets but instead view the company as a conduit through which our shareholders own assets.