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

If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.

If you have a harem of 40 women, you never get to know any of them very well.

Investing is forgoing consumption now in order to have the ability to consume more at a later date.

There is no perfect mathematical formula for pricing a business.

The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.

You shouldn't own common stocks if a 50 per cent decrease in their value in a short period of time would cause you acute distress.