It's good to learn from your mistakes. It's better to learn from other people's mistakes.

If you want to soar like an eagle in life, you can't be flocking with the turkeys.

I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.

Somebody's buying these treasury bills at 1/20th of one percent. Consuming about $2 billion a day of goods and services beyond what we're producing. In other words, the rest of the world sends about $2 billion a day net of something.We got to send them something in return, don't we. So we send them little pieces of paper.

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.

Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.

When the brothel burns down, even the pretty girls have to run out.