All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it.

Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.

The difference between successful people and really successful people is that really successful people say no to almost everything.

I have no use whatsoever for projections or forecasts. They create an illusion of apparent precision. The more meticulous they are, the more concerned you should be. We never look at projections, but we care very much about, and look very deeply at, track records. If a company has a lousy track record, but a very bright future, we will miss the opportunity.

I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.

Does the business have a consistent operating history?

In a commodity business, it's very hard to be smarter than your dumbest competitor.