The smarter the journalists are, the better off society is.

He must never forget Charlie's plea: Tell me where I'm going to die, so I'll never go there.

Accounting is the language of business.

Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.

You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist the temptation to dabble. You’d make more good decisions and you’d make more big decisions.

As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.

Investing requires qualities of temperament way more than it requires qualities of intellect.