We have a country where I don't know whether it's a million households a year or more, but good form.

Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.

The only way to get love is to be lovable. It's very irritating if you have a lot of money. You'd like to think you could write a check: "I'll buy a million dollars' worth of love." But it doesn't work that way. The more you give love away, the more you get.

Paradoxically, when 'dumb' money acknowledges its limitations, it ceases to be dumb.

We like to buy businesses, but we don't like to sell them.

I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.

There is no staff. I make all the investment decisions and I do all my own analysis.