If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done.

You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself

Turnarounds seldom turn.

Remember that the stock market is manic-depressive.

I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.

We've had public companies in the past in that business and they bleed. We've got a lot more blood than they do.

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