All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.

While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks.

We don't get paid for being busy, we get paid for being right.

I have always cautioned partners that I considered three years a minimum in determining whether we were "performing".

Wide diversification is only required when investors do not understand what they are doing.

The value of a business is the cash it's going to produce in the future.

Calculate "owner earnings" to get a true reflection of value.