You get in a lot of trouble when you start putting fictitious numbers.

With each investment you make, you should have the courage and the conviction to place at least ten per cent of your net worth in that stock

I mean, you know, you're not going to change the human animal. And the human animal really doesn't get a lot smarter.

A lot of people disagree with me on this, I believe in mark to market.

Exercise humility and restraint.

There's always a mismatch. I mean, you know, as the economy evolves, it reallocates resources. Now, the real problem, in my view, is - this has been - the prosperity has been unbelievable for the extremely rich people. If you go to 1982, when Forbes put on their first 400 list, those people had $93 billion. They now they have $2.4 trillion, 25 for one. That is - this has been a prosperity that's been disproportionately rewarding to the people on top.

Banking is very good business if you don't do anything dumb.