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

I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.

I want to be able to explain my mistakes. This means I do only the things I completely understand.

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

Stop trying to predict the direction of the stock market, the economy or elections.

I think the biggest thing we need is to unclog the credit markets, and we may need another stimulus - if we do, it's - it should go to the lower and middle-income people.

In economics, you always want to ask 'And then what?'