I really like my life. I've arranged my life so that I can do what I want.

Diversification is protection against ignorance. It makes little sense if you know what you are doing.

I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.

Like I say, I don't think it'll be done perfectly. Maybe we'll end up with a little bit better [economy] system.

Focus on your customers and lead your people as though their lives depend on your success.

Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.

If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.