If anything, taxes for the lower and middle class and maybe even the upper-middle class should even probably be cut further. But I think that people at the high end - people like myself - should be paying a lot more in taxes. We have it better than we've ever had it.

Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.

You can't stand to see your neighbor getting rich. You know you're smarter than he is and he's doing these things and he's getting rich.

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

I have no use whatsoever for projections or forecasts. They create an illusion of apparent precision. The more meticulous they are, the more concerned you should be. We never look at projections, but we care very much about, and look very deeply at, track records. If a company has a lousy track record, but a very bright future, we will miss the opportunity.

The U.S. Treasury has got borrowing costs like nobody else has.

I view derivatives as time bombs, both for the parties that deal in them and the economic system.