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

Credit worthiness is like virginity, it can be preserved but not restored very easily, so it is crazy to play around with it.

I think what people understand there probably - well, they were hoping the private sector would do it [rescuing AIG ].

Don't pass up something that's attractive today because you think you will find something way more attractive tomorrow.

You can't make a good deal with a bad person.

We try to buy businesses with good-to-superb underlying economics run by honest and able people and buy them at sensible prices. That's all I'm trying to do.

If you knew what was going to happen in the economy, you still wouldn't necessarily know what was going to happen in the stock market.