I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.

You know, with your money and my brains, I mean, there's no telling how far we'd go.

You should invest in a business that even a fool can run, because someday a fool will.

It irritates the hell out of me but you can't buy love.

We really can say no in 10 seconds or so to 90%+ of all the things that come along simply because we have these filters.

People went crazy with tulip bulbs. They went crazy with the South Sea Bubble, they went crazy internet stocks, they went crazy with the uranium stocks back when I was first getting started.

The most common cause of low prices is pessimism - sometimes pervasive, sometimes specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces.