With enough insider information and a million dollars, you can go broke in a year.

The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.

In a commodity business, it's very hard to be smarter than your dumbest competitor.

That's the reality of what they're going to sell them to the Treasury for.

Never give up searching for the job that you’re passionate about. Try to find the job you’d have if you were independently rich. Forget about the pay. When you’re associating with the people that you love, doing what you love, it doesn’t get any better than that.

The most important investment you can make is in yourself... nobody can tax it or take it away from you.

We will reject interesting opportunities rather than over-leverage our balance sheet.