Beware [of] the investment activity that produces applause; the great moves are usually greeted by yawns.

Mr. Market is your servant, not your guide.

People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.

There are certain things that cannot be adequately explained to a virgin either by words or pictures.

The gross profits in many workouts appear quite small. It's a little like looking for parking meters with some time left on them. However, the predictability coupled with a short holding period produces quite decent average annual rates of return after allowance for the occasional substantial loss.

The extraordinary business does not require good management.

The best thing I did was choose the right heroes.