If you want a government that's going to do the things we ask our government to do, you've got to get it from somebody.

When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.

I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.

Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices

We need to throw the resources at this that are necessary. But like I say, we are not spending money. I mean, if we buy these assets intelligently, the United States Treasury will make money. I mean, it's borrowing money. It's just a few percent a year.

People who watch their weight, golf scores, and fuel bills seem to shun quantitative evaluation of their investment management skills although it involves the most important client in the world-themselves.

The best investment you can make, is an investment in yourself... The more you learn, the more you'll earn.