The fundamental basis of above-average performance in the long run is sustainable competitive advantage.

It's a big mistake to try and mislead people. They will turn around.

A single year's performance is of minor importance and, good or bad, should never be taken seriously.

Sound investing can make you very wealthy if you're not in too big a hurry

I've argued with the senators and congressmen I've talked to. You don't want to be too little too late. If you buy them at the right price, you may be buying two trillion of face value.

Shares are not mere pieces of paper. They represent part ownership of a business. So, when contemplating an investment, think like a prospective owner.

Cultivate curiosity and strive to become a little wiser every day.