Too often, a vast collection of possessions ends up possessing its owner.

Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.

I mean, Hank Paulson is in there [ Treasury] at the wrong time, probably shouldn't have taken the job. He's a friend of mine. But he knows markets, he knows corporations' work, he knows money, and he's got the interests of the country at heart.

I like to go for cinches. I like to shoot fish in a barrel. But I like to do it after the water has run out.

It isn't given to man to be able to run a financial institution where different interest-rate scenarios will prevail on all of that so as to produce kind of smooth, regular earnings from a very large base to start with.

We don't have to be smarter than the rest. We have to be more disciplined than the rest.

I know the country works extremely well. You know, but when it isn't clogged up.