I think the rest of the country should be paying less, the 95 percent that [Barack] Obama talks about or maybe even a little higher than that.

The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.

If you're extremely rich, and you have got children, my theory was, you give them enough so they can do anything, but not enough so they can do nothing.

Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.

I think that actually people in my situation should be paying more tax.

There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.

I don't have my diploma from the University of Nebraska hanging on my office wall, and I don't have my diploma from Columbia up there either-but I do have my Dale Carnegie graduation certificate proudly displayed.