The most important investment you can make is in yourself... nobody can tax it or take it away from you.

Honesty is a very expensive gift, Don't expect it from cheap people.

In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.

Risk comes from not knowing what you're doing.

As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.

There are certain things that cannot be adequately explained to a virgin either by words or pictures.

Wide diversification is only required when investors do not understand what they are doing.