I read annual reports of the company I'm looking at and I read the annual reports of the competitors - that is the main source of material.

Don't invest in pieces of papers (stocks), invest in great businesses underlying them

If you lose money for the firm, I will be forgiving. If you lose reputation, I will be ruthless.

Investment ideas, like women are often more exciting than punctual.

If you're in a card game and you can't figure out who the patsy is, you're it.

I'll take the deal, whatever you want to do.

Investing is laying out money now to get more money back in the future.