The advice "you never go broke taking a profit" is foolish.

If a business does well, the stock eventually follows.

Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.

You get what I call the natural progression, the three Is. The innovators, the imitators, and the idiots.

We've had public companies in the past in that business and they bleed. We've got a lot more blood than they do.

I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.

Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.