We don't read other people's opinions. We want to get the facts, and then think.

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

A pin lies in wait for every bubble. And when the two eventually meet, a new wave of investors learns some very old lessons: First, many in Wall Street (a community in which quality control is not prized) will sell investors anything they will buy. Second, speculation is most dangerous when it looks easiest.

Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests.

No matter how great the talent or efforts, some things just take time.

I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.

The most dangerous distractions are the ones you love, but that don’t love you back.