Our approach is very much profiting from lack of change rather than from change.

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

Just look at that Forbes 400. Takes a billion three to get on the Forbes 400 this year. And the aggregate wealth is just staggering. And those people are paying less percentage of their total income to the federal government than their receptionists are. [...] I'll bet a million dollars against any member of the Forbes 400 who challenges - me that the average for the Forbes 400 will be less than the average of their receptionists.

Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.

Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.

If you don't make mistakes you can't make decisions.