We are in effect making a - to some extent, making a choice between future inflation and getting our - getting off the floor. And we're likely - we're likely to have more inflation in the future as a consequence of the things we do to fight the present situation.

Too often, a vast collection of possessions ends up possessing its owner.

Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.

A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business, you don't need to own very many of them.

The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.

I think the rest of the country should be paying less, the 95 percent that [Barack] Obama talks about or maybe even a little higher than that.

A prediction about the direction of the stock market tells you nothing about where stocks are headed, but a whole lot about the person doing the predicting.