My wealth has come from a combination of living in America, some lucky genes, and compound interest.

If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes. Put together a portfolio of companies whose aggregate earnings march upward over the years, and so also will the portfolio's market value.

I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.

John Maynard Keynes essentially said, don't try and figure out what the market is doing. Figure out a business you understand, and concentrate.

I buy expensive suits - they just look cheap on me.

I lose confidence in other people, all kinds of institutions.

What we learn from history is that people don't learn from history.