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.

Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.

When people tell me they've learned from experience, I tell them the trick is to learn from other people's experience.

This economy doesn't work well without the lubrication of credit and trust.

You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.

The one piece of advice I can give you is, do what turns you on. Do something that if you had all the money in the world, you’d still be doing it. You’ve got to have a reason to jump out of bed in the morning.