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

You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.

Anything can happen in stock markets and you ought to conduct your affairs so that if the most extraordinary events happen, that you're still around to play the next day.

Ignore the stock market, ignore the economy, and buy a business you understand.

It's better to hang out with people better than you. Pick out associates whose behavior is better than yours and you'll drift in that direction.

The greatest investment a young person can make is in their own education, in their own mind. Because money comes and goes. Relationships come and go. But what you learn once stays with you forever.

More investment sins are probably committed by otherwise quite intelligent people because of "tax considerations" than from any other cause. One of my friends-a noted West Coast philosopher-maintains that a majority of life's errors are caused by forgetting what one is really trying to do. This is certainly the case when an emotionally supercharged element like taxes enters the picture (I have another friend-a noted East Coast philosopher who says it isn't the lack of representation he minds-it's the taxation).