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

When asked how he became so successful in investing, Buffett answered: 'we read hundreds and hundreds of annual reports every year.

Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.

We will reject interesting opportunities rather than over-leverage our balance sheet.

I really like my life. I've arranged my life so that I can do what I want.

What motivates most gold purchasers is their belief that the ranks of the fearful will grow ... As 'bandwagon' investors join any party, they create their own truth - for a while.

But 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going to go up consistently. And that got billed into a $20 trillion residential home market. Lending was done based on it, and everybody did a lot of foolish things.