A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem.

It's never paid to bet against America. We come through things, but its not always a smooth ride.

Investors have to remember: corporate profits are going up, but stocks are going up faster. How can that continue indefinitely? Investors can only earn what companies themselves can earn; the government or the markets themselves don't kick anything in. How can you get anything more out of a farm than what it grows?

A Company should be viewed as an unfolding movie, not as a still photograph

You are neither right nor wrong because the crowd disagrees with you.

Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.

I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.