I tell college students, when you get to be my age you will be successful if the people who you hope to have love you, do love you.

The greatest Enemies of the Equity investor are Expenses and Emotions.

I prefer liquor store robbers with hungry kids to companies that locate offshore to avoid U.S. taxes.

It is to our advantage to have securities do nothing price-wise for months, or perhaps years, while we are buying them.

I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.

It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.

You're dealing with a lot of silly people in the marketplace; it's like a great big casino and everyone else is boozing. If you can stick with Pepsi, you should be OK.