It's the deleveraging that's going on right now that has caused the credit crisis.

The plan itself is opportunism. There is no plan before that.

You can't produce a baby in one month by getting nine women pregnant.

I have a house that I bought 55 years ago. It's warm in the winter; it's cool in the summer. It has everything I wanted, plus it has all kinds of good memories. Like my kids, I have good thoughts about that. I can't imagine living any better.

I've never been very fully employed either.

You know, with your money and my brains, I mean, there's no telling how far we'd go.

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. The calculation of intrinsic value, though, is not so simple. As our definition suggests, intrinsic value is an estimate rather than a precise figure, and it is additionally an estimate that must be changed if interest rates move or forecasts of future cash flows are revised.