We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'

Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.

The single most important decision in evaluating a business is pricing power.

The best education you can get is investing in yourself, and that doesn't mean college or university.

Trust is like the air we breathe--when it's present, nobody really notices; when it's absent, everybody notices.

I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.

Never invest in a business you don't understand.