A bull market is like sex. It feels best just before it ends.

The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.

Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard.

At age 19, I read a book [The Intelligent Investor] and what I'm doing today, at age 76, is running things through the same thought process I learned from the book I read at 19.

The greatest Enemies of the Equity investor are Expenses and Emotions.

Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.

I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.