A CEO's behavior has a huge impact on managers down the line.

Like I say, I don't think it'll be done perfectly. Maybe we'll end up with a little bit better [economy] system.

I have a house that I bought 55 years ago. It's warm in the winter; it's cool in the summer. It has everything I wanted, plus it has all kinds of good memories. Like my kids, I have good thoughts about that. I can't imagine living any better.

As of 1992, in fact-though the picture would have improved since then-the money that had been made since the dawn of aviation by all of this country's airline companies was zero. Absolutely zero.

Would you rather be the world's greatest lover, but have everyone think you're the world's worst lover? Or would you rather be the world's worst lover but have everyone think you're the world's greatest lover? Now, that's an interesting question.

In investing, just as in baseball, to put runs on the scoreboard, one must watch the playing field, not the scoreboard.

The stockmarket is a semi-psychotic creature given to extremes of elation and despair.