I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.

I would say the biggest single cause was we had an incredible residential real estate bubble.

In one way, I'm sympathetic to the institutional reluctance to face the music. I'd give a lot to mark my weight to 'model' rather than to 'market.'

A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.

Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life.

A home is one of the most important assets that most people will ever buy. Homes are also where memories are made and you want to work with someone you can trust.

When you're associating with the people that you love, doing what you love, it doesn't get any better than that.