The best way in my view is to just buy a low-cost index fund and keep buying it regularly over time, because you'll be buying into a wonderful industry, which in effect is all of American industry... People ought to sit back and relax and keep accumulating over time.

When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.

The investor of today does not profit from yesterday's growth.

It is impossible to unsign a contract, so do all your thinking before you sign.

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.

Confidence is key. You're not going to put your money - you're not going to leave your money with me unless you're confident I'm going to give it back to you.

When you combine ignorance and leverage, you get some pretty interesting results.