A Company should be viewed as an unfolding movie, not as a still photograph

A very rich person should leave his kids enough to do anything, but not enough to do nothing.

America should stand for more than just wealth.

If you own the only newspaper in town, up until the last five years or so, you have pricing power and you didn't have to go to the office.

If you own a wonderful business...the best thing to do is keep it. All you're going to do is trade your wonderful business for a whole bunch of cash, which isn't as good as the business, and you got the problem of investing in other businesses, and you probably paid a tax in between. So my advice to anybody who owns a wonderful business is keep it.

I mean [Franklin Delano] Roosevelt didn't - you know, when he came in, he didn't print any money.

Don't risk what is important to you, to get what is not important to you.