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

I choose to work with every single person that I work with. That ends up being the most important factor. I don't interact with people I don't like or admire. That's the key. It's like marrying.

All I have to do is think and not be influenced by others.

That's the reality of what they're going to sell them to the Treasury for.

There is no substitute for a local newspaper that is doing its job.

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.

Confidence in markets and in institutions, it's a lot like oxygen. When you have it, you don't even think about it. It's indispensable. You can go years without thinking about it. When it's gone for five minutes, it's the only thing to think about.