Cultivate curiosity and strive to become a little wiser every day.

If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.

The smartest side to take in a bidding war is the losing side.

Government can't deliver a free lunch to the country as a whole. It can, however, determine who pays for lunch. And last week the Senate handed the bill to the wrong party... the poor and middle class.

I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.

I can do anything I want, basically, as long as it doesn't involve athletic ability, or something like that.

I would rather sustain the penalties resulting from over-conservatism than face the consequences of error, perhaps with permanent capital loss, resulting from the adoption of "New Era" philosophy where trees really do grow to the sky.