Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.

Taking jobs to build up your resume is the same as saving up sex for old age.

Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don't get another chance at - marrying the wrong person and what you do with your children.

We like to buy businesses, but we don't like to sell them.

In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.

I am out of step with present conditions. When the game is no longer played your way, it is only human to say the new approach is all wrong, bound to lead to trouble, and so on. On one point, however, I am clear. I will not abandon a previous approach whose logic I understand ( although I find it difficult to apply ) even though it may mean foregoing large, and apparently easy, profits to embrace an approach which I don't fully understand, have not practiced successfully, and which possibly could lead to substantial permanent loss of capital.

Stop trying to predict the direction of the stock market, the economy or elections.