If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.

Success in investing doesn’t correlate with I.Q. Once you are above the level of 25; once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.

I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.

Other guys read Playboy. I read annual reports.

I tell college students, when you get to be my age you will be successful if the people who you hope to have love you, do love you.

There is no perfect mathematical formula for pricing a business.

I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.