When bills come due, only cash is legal tender. Don't leave home without it.

We always see shifts in employment. If you think about it, if you go back to 1800, it took 80 percent of the labor force to produce enough food for the country. Now it takes less than 3 percent. Well, the truth is that market systems move people around.

I think it will get moving faster. I mean once you get it off the - once credit flows - now the recession is going to get worse.

With a wonderful business, you can figure out what will happen; you can't figure out when it will happen. You don't want to focus on when, you want to focus on what. If you're right about what, you don't have to worry about when

Does management resist the institutional imperative?

Always associate yourself with people who are better than you.

The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.