Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.

When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.

All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it.

I'm not worried they're all about the investments we make. I mean, listen, this country - we've got $46,000 or $47,000 of GDP per capita. Now, we've done pretty darn well. We'll do better in the future.

You know, people talk about this being an uncertain time. You know, all time is uncertain. I mean, it was uncertain back in - in 2007, we just didn't know it was uncertain. It was - uncertain on September 10th, 2001. It was uncertain on October 18th, 1987, you just didn't know it.

If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter.

In the world of business, the people who are most successful are those who are doing what they love.