There seems to be some perverse human characteristic that likes to make easy things difficult.

In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.

If you can't read the scoreboard. You don't know the score. If you don't know the score, you can't tell the winners from the losers.

Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.

House prices just soared beyond - beyond reason in many places and they got financed in silly ways, and people lied about loans, all kinds of accesses entered into it. But that is what - that is the single biggest cause of why we're here.

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

Only when you combine sound intellect with emotional discipline do you get rational behavior.