When it's raining gold, reach for a bucket, not a thimble.

If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.

The speed at which a business success is recognized, furthermore, is not that important as long as the company's intrinsic value is increasing at a satisfactory rate. In fact, delayed recognition can be an advantage: It may give us the chance to buy more of a good thing at a bargain price.

When the brothel burns down, even the pretty girls have to run out.

One’s objective should be to get it right, get it quick, get it out and get it over. Your problem won’t improve with age.

I mean, they were getting the mortgage of some guy in Omaha, you know, securitized a couple of times. I mean he had all these - they had all these types from Wall Street, you know, and they had advanced degrees, and they look very alert, and they came with these - they came with these things that said gamma and alpha and sigma and all that. And all I can say is beware of geeks, you know, bearing formulas. They've heard that in Europe.

Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.