The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.

If a business does well, the stock eventually follows.

Banking is very good business if you don't do anything dumb.

There is nothing like writing to force you to think and get your thoughts straight.

Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.

You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.

Diversification is a protection against ignorance. It makes very little sense for those who know what they're doing.