You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it.

What we really want to do is buy businesses that we would be happy to own forever.

Buy companies with strong histories of profitability and with a dominant business franchise.

I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.

You can't stand to see your neighbor getting rich. You know you're smarter than he is and he's doing these things and he's getting rich.

The difference between successful people and really successful people is that really successful people say no to almost everything.

Observing that the market was FREQUENTLY efficient, EMT Adherents went on to conclude incorrectly that it was ALWAYS efficient. The difference between these propositions is night and day.