I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.

A public-opinion poll is no substitute for thought.

We also believe candour benefits us as managers. The CEO who misleads often in public eventually misleads himself in private.

You have to turn over a lot of rocks to find those little anomalies. You have to find the companies that are off the map - way off the map.

We've got a wonderful economic formula in this country.

If you don't know jewelry, know the jeweler.

You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.