[Economy] is flat on the floor, and the paramedics have arrived. And they shouldn't argue about whether they put the resuscitation equipment a quarter of an inch this way or a quarter of an inch this way, or they shouldn't start criticizing the patient, because he didn't have a blood pressure test or something like that. They should do what's needed right now.

Investing in yourself is the best thing you can do. If you've got talents, no one can take them from you.

Outstanding long-term results are produced primarily by avoiding dumb decisions, rather than by making brilliant ones.

The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.

Money will always flow toward opportunity, and there is an abundance of that in America.

Is management rational?

Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.