You should look at stocks as small pieces of business.

Never lie under any circumstances.

Fear is the foe of the faddist, but the friend of the fundamentalist.

There is no perfect mathematical formula for pricing a business.

Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.

You can't stand to see your neighbor getting rich. You know you're smarter than he is and he's doing these things and he's getting rich.

It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.