Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.

It's almost impossible to overpay the truly extraordinary CEO... but the species is rare.

I measure success by how many people love me. And the best way to be loved is to be lo veable.

I have worked with investors for 60 years and I have yet to see anyone - not even when capital gains rates were 39.9 percent in 1976-77 - shy away from a sensible investment because of the tax rate on the potential gain.

It's class warfare, my class is winning, but they shouldn't be.

Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.

In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.