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.

Don't settle for anything other than your passion - if you're lucky enough to find it.

There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do.

I measure success by how many people love me. And the best way to be loved is to be lo veable.

Mark Zuckerberg will be a hero to many young entrepreneurs 20 years from now. Bill Gates will be a hero to others, and they will look to those [people] like I read books when I was in my teens about Rockefeller or Carnegie.

It's a big mistake to try and mislead people. They will turn around.

Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.