We enjoy the process far more than the proceeds.

If you buy things you do not need, soon you will have to sell things you need.

It's much easier to stay out of trouble now than to get out of trouble later.

You can't produce a baby in one month by getting nine women pregnant.

You can be sure that over the next 10 years, you'll see something that you did not think was possible.

It makes a difference who the treasury secretary is.

The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.