Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.

I always invest in companies an idiot could run, because one day one will.

Writing checks to the IRS that include strings of zeros does not bother me ... Overall, we feel extraordinarily lucky to have been dealt a hand in life that enables us to write large checks to the government rather than one requiring the government to regularly write checks to us-say, because we are disabled or unemployed.

You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.

Focus on your customers and lead your people as though their lives depend on your success.

I have three boxes on my desk: In, Out, and Too Hard.

During inflation, Goodwill is the gift that keeps on giving.