Good profits simply are not inconsistent with good behavior.

Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them.

The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.

Energy deregulation will be the largest transfer of wealth in history.

I look at everything. That's my job. I really do, every day. I think about everything.

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

Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.