We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.

I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.

People should always know better.

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

A contrarian approach is just as foolish as a follow-the-crowd strategy. What's required is thinking rather than polling.

A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business, you don't need to own very many of them.

If you are a professional and have confidence, then I would advocate lots of concentration.