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

I can't promise results, but I can promise a common destiny.

We've had public companies in the past in that business and they bleed. We've got a lot more blood than they do.

I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business.

Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.

The capital gains tax is 15 percent now. So I sit there in my office and I make a lot of money by capital gains, and I pay 15 percent, and I pay no payroll tax on it.

The most important investment you can make is in yourself... nobody can tax it or take it away from you.