Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.

You can't make a good deal with a bad person.

Nothing sedates rationality like large doses of effortless money.

When you're associating with the people that you love, doing what you love, it doesn't get any better than that.

Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.

The best education you can get is investing in yourself, and that doesn't mean college or university.

Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the business or its price. When we are convinced as to attractiveness, we believe in buying worthwhile amounts.