The best education you can get is investing in yourself, and that doesn't mean college or university.

There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.

We've got all the ingredients for a sensational future.

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

Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.

The commission of the investment sins listed above is not limited to 'the little guy.' Huge institutional investors, viewed as a group, have long underperformed the unsophisticated index-fund investor who simply sits tight for decades. A major reason has been fees: Many institutions pay substantial sums to consultants who, in turn, recommend high-fee managers. And that is a fool's game.

There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.