You should invest in a business that even a fool can run, because someday a fool will.

In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.

There is no staff. I make all the investment decisions and I do all my own analysis.

If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done.

We've had public companies in the past in that business and they bleed. We've got a lot more blood than they do.

Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.

Knowing the edge of your competency is important. If you think you know more than you do, you will get in trouble.