What we learn from history is that people don't learn from history.

It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.

There's nothing inappropriate about having debt in America. It's what helped us grow over time. And it's when debt gets out of control that you worry.

Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.

What's nice about investing is you don't have to swing at every pitch.

The best education you can get is investing in yourself, and that doesn't mean college or university.

If you've got a good enough business, if you have a monopoly newspaper, if you have a network television station - I'm talking of the past - you know, your idiot nephew could run it. And if you've got a really good business, it doesn't make any difference.