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

You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it.

A single year's performance is of minor importance and, good or bad, should never be taken seriously.

The secret is to find what you love to do.I mean, I tell the students look for the job that you would take if you didn't need a job. I mean, it's that simple. And I was lucky enough to find it very early in life. And then the second thing is to have people around you that make feel good every day, and make you a better person than you otherwise would be.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

Forecasts usually tell us more of the forecaster than of the forecast

It's better to build than to buy if you can find the right people.