Money will always flow toward opportunity, and there is an abundance of that in America.

I'd rather have a $10 million business making 15 per cent than a $100 million business making 5 per cent.

We've got a wonderful economic formula in this country.

I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.

I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from the adoption of "New Era" philosophy where trees really do grow to the sky.

Calculate "owner earnings" to get a true reflection of value.

Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses