Although we deal with probabilities and expectations, the actual results can deviate substantially from such expectations, particularly on a short-term basis.

Buy companies with strong histories of profitability and with a dominant business franchise.

The good thing is, we have household formation in this country.

I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that.

I learned to go into business only with people whom I like, trust, and admire.

I get to do what I like to do every single day of the year.

I've made money over the years by buying into good companies, run by good people, at attractive prices. And I don't try and make it out of buying into the market at one point and selling at another point.