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.

Most business mistakes are irreversible setbacks, but you get another chance. There are two things in life that you don't get another chance at - marrying the wrong person and what you do with your children.

We're still in a recession. We're not gonna be out of it for a while, but we will get out.

When you combine ignorance and leverage, you get some pretty interesting results.

Things you like to do should be a hobby of yours, but things the world does should be a business of yours.

Chains of habit are too light to be felt until they are too heavy to be broken.

The value of a business is the cash it's going to produce in the future.