The best asset is your own self. You can become to an enormous degree the person you want to be

What we really want to do is buy businesses that we would be happy to own forever.

The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.

If this is a war, my side has the nuclear bomb. We have K Street. We have Wall Street. Debbie doesn't have anybody. I want a government that is responsive to the people who got the short straw in life.

I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.

I measure success by how many people love me. And the best way to be loved is to be lo veable.

The ideal business is one that earns very high returns on capital and that keeps using lots of capital at those high returns. That becomes a compounding machine.