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

You don't have to be a genius to invest well

Charlie and I have a number of filters that things have to get through before we'll think about them.

In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.

In a difficult business, no sooner is one problem solved than another surfaces - never is there just one cockroach in the kitchen.

Mr. Market is kind of a drunken psycho. Some days he gets very enthused, some days he gets very depressed. And when he get really enthused you sell to him, and if he gets depressed, you buy from him. There's no moral taint attached to that.

You are lucky in life if you have the right heroes. I advise all of you, to the extent you can, to pick out a few heroes