I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.

A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.

The key to life is to figure out who to be the batboy for.

[People] have seen the credit market seize up. They're worried about money market funds, although the latest proposition from government should take care of that. They've seen eight percent of the bank deposits in the United States get moved very skillfully, I might say, within the last couple of weeks from institutions that they thought were fine a few months ago to other institutions. They are not wrong to be worried.

Life is like a snowball. The important thing is finding wet snow and a really long hill.

It's the deleveraging that's going on right now that has caused the credit crisis.

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.