There is nothing like writing to force you to think and get your thoughts straight.

The key to success is emotional stability.

We try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do.

Everybody's got a different circle of competence. The important thing is not how big the circle is. The important thing is staying inside the circle.

The smarter the journalists are, the better off society is. For to a degree, people read the press to inform themselves - and the better the teacher, the better the student body.

Enjoy your work and work for whom you admire.

There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do.