You don't have to be a genius to invest well

I've made money over the years by buying into good companies, run by good people, at attractive prices. And I don't try and make it out of buying into the market at one point and selling at another point.

If I eat 2,700 calories a day, a quarter of that is Coca-Cola.

I have this complicated procedure I go through every morning, which is to look in the mirror and decide what I'm going to do. And I feel at that point, everybody's had their say.

John Maynard Keynes essentially said, don't try and figure out what the market is doing. Figure out a business you understand, and concentrate.

We've used derivatives for many, many years. I don't think derivatives are evil, per se, I think they are dangerous.

We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.