You only have to do a very few things right in your life so long as you don't do too many things wrong.

In a difficult business, no sooner is one problem solved than another surfaces - never is there just one cockroach in the kitchen.

The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.

Investment ideas, like women are often more exciting than punctual.

Yeah, we don't consider many stupid things. I mean, we get rid of 'em fast...Just getting rid of the nonsense -- just figuring out that if people call you and say, 'I've got this great, wonderful idea', you don't spend 10 minutes once you know in the first sentence that it isn't a great, wonderful idea...Don't be polite and go through the whole process.

With a wonderful business, you can figure out what will happen; you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when

There is no substitute for a local newspaper that is doing its job.