The best business returns are usually achieved by companies that are doing something quite similar today to what they were doing five or ten years ago.

We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.

Never test the depth of river with both the feet.

Money to some extent sometimes let you be in more interesting environments. But it can't change how many people love you or how healthy you are.

We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.

Honesty is a very expensive gift, Don't expect it from cheap people.

We don't read other people's opinions. We want to get the facts, and then think.