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

He must never forget Charlie's plea: Tell me where I'm going to die, so I'll never go there.

It's never paid to bet against America. We come through things, but its not always a smooth ride.

You should invest in a business that even a fool can run, because someday a fool will.

It isn't given to man to be able to run a financial institution where different interest-rate scenarios will prevail on all of that so as to produce kind of smooth, regular earnings from a very large base to start with.

When investing, pessimism is your friend, euphoria the enemy.

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