We like to buy businesses, but we don't like to sell them.

We have long felt that the only value of stock forecasters is to make fortune-tellers look good.

We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.

I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.

You should invest in a business that even a fool can run, because someday a fool will.

Risk is a part of God's game, alike for men and nations.

I'm sitting with six and a half billion dollars we're going to use to close the Mars-Wrigley deal on October 6. I've got to hand over that six and a half billion on October 6. Now, I have to be very careful about who I leave it in between now and then, because they're expecting that he show up.