The investor of today does not profit from yesterday's growth.

Our policy is to concentrate holdings. We try to avoid buying a little of this or that when we are only lukewarm about the business or its price. When we are convinced as to attractiveness, we believe in buying worthwhile amounts.

All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it.

It is more important to say "no" to an opportunity, than to say "yes".

I’ve never believed in risking what my family and friends have and need in order to pursue what they don’t have and don’t need.

The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.

Wall Street makes its money on activity. You make your money on inactivity.