Focus on return on equity, not earnings per share.

Tell me your heroes and I'll tell you how your life will end up

The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.

Diversification is protection against ignorance. It makes little sense if you know what you are doing.

I think that trying to invest through 535 people is a tough job, you know, and so I would give more latitude.

If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do.

It's going to be tough because the economy is going to be getting worse for a while. And it might fall off a cliff if this doesn't pass. But nobody will ever know that if it does.