To invest successfully over a lifetime does not require a stratospheric IQ, unusual business insights, or inside information. What's needed is a sound intellectual framework for making decisions and the ability to keep emotions from corroding that framework. You must supply the emotional discipline.

We are trading away a little bit of our country all the time for this access consumption that we have over what we've produced. That is not good. I think it's terrible over time. But our country's productive grows enough so we actually can do that, and we'll still be better off. We just don't be as well off as if we hadn't done it.

Energy deregulation will be the largest transfer of wealth in history.

When bills come due, only cash is legal tender. Don't leave home without it.

You can't help some increase from this point. I don't want any viewer to go away think a magic wand exists in Congress. So they're going to see some more bad news. But if we do this, we're doing the right thing.

Personally, I really hope I can treat everyone equally. I think I have done a pretty good job so far but I know I can do it better.

A very rich person should leave his kids enough to do anything, but not enough to do nothing.