I don't want to hold out false hopes that the - by some magic moment, that things will turn around in a couple months because they wouldn't, Charlie. I mean, and it's a big mistake to try and mislead people.

If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.

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

In economics, you always want to ask 'And then what?'

You only have to do a very few things right in your life so long as you don't do too many things wrong.

Don't settle for anything other than your passion - if you're lucky enough to find it.

I think any time you couple the term "Wall Street" with "bailout" or something like that, you know - I don't like what's going on in Wall Street.