The patient that's on the floor with the cardiac arrest is not Wall Street. It's the American economy.

You should invest in a business that even a fool can run, because someday a fool will.

Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that pays virtually nothing and is certain to depreciate in value.

A pack of lemmings looks like a group of rugged individualists compared with Wall Street when it gets a concept in its teeth.

I did not think I would see the day when, you know, an AIG would not be able to have its checks clear.

To be successful, you should concentrate on the world of companies, not arcane accounting mathematics.

Truly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning.