Risk is a part of God's game, alike for men and nations.

Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.

For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.

A Company should be viewed as an unfolding movie, not as a still photograph

The fundamental basis of above-average performance in the long run is sustainable competitive advantage.

There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do.

I always knew I was going to be rich. I don't think I ever doubted it for a minute.