Never risk what you have and need for what we don't have and don't need.

Learning how to live is much more important than learning how to make a living.

Good profits simply are not inconsistent with good behavior.

My job is essentially just corralling more and more and more facts and information, and occasionally seeing whether that leads to some action.

What could be more advantageous in an intellectual contest - whether it be chess, bridge, or stock selection - than to have opponents who have been taught that thinking is a waste of energy?

Having first rate people on the team is more important than designing hierarchies and clarifying who reports to whom.

In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.