Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.

What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.

I think the worst mistake you can make in stocks is to buy or sell based on current headlines.

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.

Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.

We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.

I have a house that I bought 55 years ago. It's warm in the winter; it's cool in the summer. It has everything I wanted, plus it has all kinds of good memories. Like my kids, I have good thoughts about that. I can't imagine living any better.