What we really want to do is buy businesses that we would be happy to own forever.

They [Goverment] take from the woman who comes in and takes the wastebaskets out.

We don't read other people's opinions. We want to get the facts, and then think.

I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.

There is seldom just one cockroach in the kitchen. You know, you turn on the light and, all of sudden, they all start scurrying around.

If you've got the power to raise prices without losing business to a competitor, you've got a very good business. And if you have to have a prayer session before raising the price by a tenth of a cent, then you've got a terrible business. I've been in both, and I know the difference.

If you've been playing poker for half an hour and you still don't know who the patsy is, you're the patsy.