The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.

We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'

If I eat 2,700 calories a day, a quarter of that is Coca-Cola.

I measure success by how many people love me. And the best way to be loved is to be lo veable.

The patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.

You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.

A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.