How do you beat Bobby Fischer? You play him at any game but chess. I try to stay in games where I have an edge.

The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.

The first rule is not to lose. The second rule is not to forget the first rule.

I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.

Be fearful when there is greed and be greedy when there is fear.

Investment ideas, like women are often more exciting than punctual.

The most important investment you can make is in yourself. Very few people get anything like their potential horsepower translated into the actual horsepower of their output in life. Potential exceeds realization for many people...The best asset is your own self. You can become to an enormous degree the person you want to be.