I look for businesses in which I think I can predict what they're going to look like in ten to fifteen years time. Take Wrigley's chewing gum. I don't think the internet is going to change how people chew gum.

I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.

When you're associating with the people that you love, doing what you love, it doesn't get any better than that.

Focus on your customers and lead your people as though their lives depend on your success.

I think the biggest thing we need is to unclog the credit markets, and we may need another stimulus - if we do, it's - it should go to the lower and middle-income people.

Your premium brand had better be delivering something special, or it's not going to get the business.

All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it.