I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.

We have usually made our best purchases when apprehensions about some macro event were at a peak. Fear is the foe of the faddist, but the friend of the fundamentalist.

America should stand for more than just wealth.

Investing requires qualities of temperament way more than it requires qualities of intellect.

If the reason for doing something is that everyone else is doing it, it's not a good enough reason.

Writing checks to the IRS that include strings of zeros does not bother me ... Overall, we feel extraordinarily lucky to have been dealt a hand in life that enables us to write large checks to the government rather than one requiring the government to regularly write checks to us-say, because we are disabled or unemployed.

We don't read other people's opinions. We want to get the facts, and then think.