Charlie [Munger] and I are not big fans of resumes. Instead, we focus on brains, passion and integrity.

Who would think of buying or selling a private business because of someone's guess on the stock market? The availability of a quotation for your business interest (stock) should always be an asset to be utilized if desired. If it gets silly enough in either direction, you take advantage of it. Its availability should never be turned into a livability whereby its periodic aberrations in turn formulate your judgements.

The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

I'm happy when I can spend every day doing the things that I like to do. That's my luxury.

I am not worried about the country. I'm just worried about anything that gums up the potential of the country. And right now, it's pretty gummed up.

Ben's Mr. Market allegory may seem out-of-date in today's investment world, in which most professionals and academicians talk of efficient markets, dynamic hedging and betas. Their interest in such matters is understandable, since techniques shrouded in mystery clearly have value to the purveyor of investment advice. After all, what witch doctor has ever achieved fame and fortune by simply advising 'Take two aspirins'?