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

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

Cash combined with courage in a time of crisis is priceless.

We also believe candour benefits us as managers. The CEO who misleads often in public eventually misleads himself in private.

SUPPOSE that an investor you admire and trust comes to you with an investment idea. This is a good one, he says enthusiastically. I'm in it, and I think you should be, too.

Resolution Trust Company was set up to liquidate a bunch of assets that the government had inherited because the savings and loans went broke.

We've got more productive capacity now than we ever have.