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.

When you're associating with the people that you love, doing what you love, it doesn't get any better than that.

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.

I always invest in companies an idiot could run, because one day one will.

With each investment you make, you should have the courage and the conviction to place at least ten per cent of your net worth in that stock

The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.

What you really want to do in investments is figure out what's important and knowable. If it's unimportant or unknowable you forget about it.