I never invest in anything that I don't understand.

I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.

The fact that people will be full of greed, fear, or folly is predictable. The sequence is not predictable.

A newspaper that reduces its coverage of the news important to its community is certain to reduce its readership as well

I don't try and guess when to get in and out of the market. I have owned stocks consistently since 1942. I owned the - I was buying stocks the day before the election. I was buying the same stocks the day after election. And if Hillary had been elected, it would have been the same thing.

If you can tell me who your heroes are, I can tell you how you're going to turn out in life.

Success in investing doesn’t correlate with I.Q. Once you are above the level of 25; once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.