Well, I think the biggest mistake is not learning the habits of saving properly early. Because saving is a habit. And then, trying to get rich quick. It's pretty easy to get well-to-do slowly. But it's not easy to get rich quick.

The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.

Focus on return on equity, not earnings per share.

You should look at stocks as small pieces of business.

I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.

The true investor welcomes volatility ... a wildly fluctuating market means that irrationally low prices will periodically be attached to solid businesses.

I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.