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

Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices

If you don't make mistakes you can't make decisions.

All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it.

Forecasts usually tell us more of the forecaster than of the forecast

There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.

It's a big mistake to try and mislead people. They will turn around.