One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.

During inflation, Goodwill is the gift that keeps on giving.

I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.

Would you rather be the world's greatest lover, but have everyone think you're the world's worst lover? Or would you rather be the world's worst lover but have everyone think you're the world's greatest lover? Now, that's an interesting question.

Nothing sedates rationality like large doses of effortless money.

At this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week.

Derivatives are financial weapons of mass destruction.