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

You have to be able to communicate in life and probably schools underemphasize that. If you can't talk to people or write, you're giving up your potential.

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.

If you expect to continue to purchase stocks throughout your life, you should welcome price declines as a way to add stocks more cheaply to your portfolio.

The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.

There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.

Never ask a barber if you need a haircut.