I think confidence will come back.

Failing conventionally is the route to go; as a group, lemmings may have a rotten image, but no individual lemming has ever received bad press

The advice "you never go broke taking a profit" is foolish.

If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.

Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like.

The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.

I've made money over the years by buying into good companies, run by good people, at attractive prices. And I don't try and make it out of buying into the market at one point and selling at another point.