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

With housing it's something even more dramatic than that, because most people aspire to own their own home.If you really think that houses prices are going to go up next year and the year after, you feel if I don't buy it this year, I'm going to have to buy it next year.That's not true of an Internet stock. But it's true of a home.

Just imagine living on 21,000 a year. I mean you have 20 percent of the population doing that. So you don't have to worry about guys like me.

You only have to do a very few things right in your life so long as you don't do too many things wrong.

Investing is laying out money now to get more money back in the future.

The stock market is a no-called-strike game. You don’t have to swing at everything – you can wait for your pitch.

We really can say no in 10 seconds or so to 90%+ of all the things that come along simply because we have these filters.