It is not necessary to do extraordinary things to get extraordinary results.

It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.

If you gave me $100 billion and said take away the soft drink leadership of Coca-Cola in the world, I'd give it back to you and say it can't be done.

We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.

There is nothing like writing to force you to think and get your thoughts straight.

As one of my older friends says, "Nostalgia just isn't what it used to be." Let's take a stab at it, anyway.

The range of derivatives contracts is limited only by the imagination of man (or sometimes, so it seems, madmen). Say you want to write a contract speculating on the number of twins to be born in Nebraska in 2020. No problem-at a price, you will easily find an obliging counterparty.