Stop trying to predict the direction of the stock market, the economy or elections.

The real fortunes in this country have been made by people who have been right about the business they invested in, and not right about the timing of the stock market.

We will only do with your money what we would do with our own.

When we really sit back with a smile on our face is when we run into a situation we can understand, where the facts are ascertainable and clear, and the course of action obvious.

Trust is like the air we breathe--when it's present, nobody really notices; when it's absent, everybody notices.

I mean, you can explain the fact that these are depressed prices, you know. We think these assets are going to be worth a lot more. And I think that case can be made in certain situations. But I think to just say, you know, we're going to say a dollar of cash is worth $2 all of a sudden, it isn't worth $2. It's worth a dollar today.

I look at everything. That's my job. I really do, every day. I think about everything.