Mr. Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell to him, and if he gets depressed, you buy from him. There's no moral taint attached to that.

I am a huge bull on this country. We will not have a double-dip recession at all. I see our businesses coming back almost across the board.

An IPO is like a negotiated transaction - the seller chooses when to come public - and it's unlikely to be a time that's favourable to you.

If horses had controlled investment decisions, there would have been no auto industry.

I think confidence will come back.

Too often, a vast collection of possessions ends up possessing its owner.

In the search [of a deal], we adopt the same attitude one might find appropriate in looking for a spouse: It pays to be active, interested, and open-minded, but it does not pay to be in a hurry.