Does management resist the institutional imperative?

I'll bring my tax returns; you bring yours. I'll meet you anytime anywhere.

At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through the same thought process I learned from the book I read at 19.

If you have a harem of 40 women, you never get to know any of them very well.

Take the probability of loss times the amount of possible loss from the probability of gain times the amount of possible gain. That is what we're trying to do. It's imperfect, but that's what it's all about.

I think the biggest thing we need is to unclog the credit markets, and we may need another stimulus - if we do, it's - it should go to the lower and middle-income people.

The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.