I’ve worked in an economy that rewards someone who saves the lives of others on a battlefield with a medal, rewards a great teacher with thank-you notes from parents, but rewards those who can detect the mispricing of securities with sums reaching into the billions.

I really like my life. I've arranged my life so that I can do what I want.

I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.

In a difficult business, no sooner is one problem solved than another surfaces - never is there just one cockroach in the kitchen.

Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have to worry about guys like me.

Lethargy, bordering on sloth should remain the cornerstone of an investment style.

It's never paid to bet against America.