The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.

The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.

I buy expensive suits - they just look cheap on me.

The best asset is your own self. You can become to an enormous degree the person you want to be

Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.

We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor. And we're likely - we're likely to have more inflation in the future as a consequence of the things we do to fight the present situation.

If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?