The thing to do is to keep your mind when the world around you is losing theirs.

The key to life is to figure out who to be the batboy for.

[People] have seen the credit market seize up. They're worried about money market funds, although the latest proposition from government should take care of that. They've seen eight percent of the bank deposits in the United States get moved very skillfully, I might say, within the last couple of weeks from institutions that they thought were fine a few months ago to other institutions. They are not wrong to be worried.

When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.

To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.

If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.

Failure comes from ego, greed, envy, fear, imitation. I have success not because I am smart, but because I am rational.