We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.

It makes a difference who the treasury secretary is.

The (stock) market is there only as a reference point to see if anybody is offering to do anything foolish. When we invest in stocks, we invest in businesses.

Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.

... it's important to have the right monetary policy. It's important for, to have the right fiscal policy. But it's nowhere near as important as just the normal regenerative capacity of American capitalism.

I have three boxes on my desk: In, Out, and Too Hard.

Yeah, we don't consider many stupid things. I mean, we get rid of 'em fast...Just getting rid of the nonsense -- just figuring out that if people call you and say, 'I've got this great, wonderful idea', you don't spend 10 minutes once you know in the first sentence that it isn't a great, wonderful idea...Don't be polite and go through the whole process.