If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.

If I eat 2,700 calories a day, a quarter of that is Coca-Cola.

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

You are lucky in life if you have the right heroes. I advise all of you, to the extent you can, to pick out a few heroes

I think that they hoped the private sector would come in. And the private sector tried to come in until they saw the size of the problem. I mean, from were people on that weekend that thought they'd had a solution. And then the hole kept getting bigger and bigger. And all of a sudden became apparent that 20 billion wouldn't do it and 30 billion wouldn't do it and 40 billion wouldn't do it. So it got beyond anybody's ability to certainly to do it in a short period of time.

The (stock) market is there only as a reference point to see if anybody is offering to do anything foolish. When we invest in stocks, we invest in businesses.

We can afford to lose money - even a lot of money. But we can't afford to lose reputation - even a shred of reputation.