All I have to do is think and not be influenced by others.

We don't get paid for being busy, we get paid for being right.

Generally, we have translated greater output in the few hours of work per week over the last century. And that's a good trend of the future. But we do have to have a system that, as output of goods and services keeps increasing per capita, that it takes care of the people who are willing to work and really are not getting by very well with a family on a 40-hour week.

I don't really think that, as a society, we [americans] want to confer blessings on generation after generation who contribute nothing to society, simply because somebody in the far distant past happened to amass a great sum of wealth.

If you look at the Forbes 400, they are paying a lower rate, accounting payroll taxes, than their secretary or - whomever around their office.

Our approach is very much profiting from lack of change rather than from change.

Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.