Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are. [...] I'll bet a million dollars against any member of the Forbes 400 who challenges - me that the average for the Forbes 400 will be less than the average of their receptionists.

So if you are evaluating others (or yourself!) in the investment field, think out some standards - apply them - interpret them.

I mean, you know, you're not going to change the human animal. And the human animal really doesn't get a lot smarter.

The most important investment you can make is in yourself... nobody can tax it or take it away from you.

A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.

It's easier to create money than to spend it.

I'm sitting with six and a half billion dollars we're going to use to close the Mars-Wrigley deal on October 6. I've got to hand over that six and a half billion on October 6. Now, I have to be very careful about who I leave it in between now and then, because they're expecting that he show up.