The difference between successful people and really successful people is that really successful people say no to almost everything.

The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.

Risk can be greatly reduced by concentrating on only a few holdings.

It's just that right now the athlete's on the floor. But we - this is a super athlete.

Generally speaking, investing in yourself is the best thing you can do. Anything that improves your own talents; nobody can tax it or take it away from you. They can run up huge deficits and the dollar can become worth far less. You can have all kinds of things happen. But if you’ve got talent yourself, and you’ve maximized your talent, you’ve got a tremendous asset that can return ten-fold.

We will only do with your money what we would do with our own.

We try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do.