Investing is simple, but not easy.

All I have to do is think and not be influenced by others.

Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.

Money is not everything. Make sure you earn a lot before speaking such nonsense.

Inflation could be a very - is a likely consequence out of what's going on now.

An argument is made that there are just too many question marks about the near future; wouldn't it be better to wait until things clear up a bit? You know the prose: "Maintain buying reserves until current uncertainties are resolved," etc. Before reaching for that crutch, face up to two unpleasant facts: The future is never clear and you pay a very high price for a cheery consensus. Uncertainty actually is the friend of the buyer of long-term values.

We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.