You can't stand to see your neighbor getting rich. You know you're smarter than he is and he's doing these things and he's getting rich.

Investment must be rational; if you can't understand it, don't do it.

There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.

A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its teeth.

I think once you start putting phony figures into financial statements, you get in a lot of trouble. And we've seen so much of that in the last 20 years.

How do you beat Bobby Fischer? You play him at any game but chess. I try to stay in games where I have an edge.

If you're in a card game and you can't figure out who the patsy is, you're it.