I learned to go into business only with people whom I like, trust, and admire.

When it's raining gold, reach for a bucket, not a thimble.

Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.

Charlie and I have a number of filters that things have to get through before we'll think about them.

In economics, you always want to ask 'And then what?'

I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.

Be fearful when there is greed and be greedy when there is fear.