The greatest Enemies of the Equity investor are Expenses and Emotions.

You know, with your money and my brains, I mean, there's no telling how far we'd go.

I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.

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.

The trick is, when there is nothing to do, do nothing.

If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.

I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.