You pay a very high price in the stock market for a cheery consensus.

We do not have, nor have had, and never will have an opinion about where the stock market, interest rates, or business activity will be a year from now.

You need a lot of curiosity for a long, long time.

I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.

Investing in a market where people believe in efficiency is like playing bridge with someone who has been told it doesn't do any good to look at the cards.

With each investment you make, you should have the courage and the conviction to place at least ten per cent of your net worth in that stock

Generally, we have translated greater output in the few hours of work per week over the last century. And that's a good trend of the future. But we do have to have a system that, as output of goods and services keeps increasing per capita, that it takes care of the people who are willing to work and really are not getting by very well with a family on a 40-hour week.