If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station - I'm talking of the past - you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference.

Does the business have favourable long term prospects?

You pay a very high price in the stock market for a cheery consensus.

When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life.

Knowing what to leave out is just as important as knowing what to focus on.

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

Writing a check separates a commitment from a conversation.