If I eat 2,700 calories a day, a quarter of that is Coca-Cola.

In a bull market, one must avoid the error of the preening duck that quacks boastfully after a torrential rainstorm, thinking that its paddling skills have caused it to rise in the world. A right-thinking duck would instead compare its position after the downpour to that of the other ducks on the pond.

When forced to choose, I will not trade even a night's sleep for the chance of extra profits.

Never give up searching for the job that you're passionate about.

To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.

Take the job you would take if you were independently wealthy. You're going to do well at it.

I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ].