We always live in an uncertain world. What is certain is that the United States will go forward over time.

I bought my first stock in 1942, in the summer of '42. I was 11 years old. And so 75 years have gone by. And I have never known what the market's going to do the next day. And that's not my game. My game is to decide whether I'm in the right economy, which America's definitely been ever since that time. The Dow has gone from 100 to 21,000 during that time. And no matter what the headlines say, or terrible things are happening - we were losing the war in the Pacific when I first bought stocks.

It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.

They [Goverment] take from the woman who comes in and takes the wastebaskets out.

Fear is the foe of the faddist, but the friend of the fundamentalist.

I've seen more people fail because of liquor and leverage -- leverage being borrowed money. 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'll bring my tax returns; you bring yours. I'll meet you anytime anywhere.