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Cash combined with courage in a time of crisis is priceless.

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Good big decisions do not take time at all, if they do you are in trouble.

All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.

Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.

You're working because you want to change the world. You want to make it better. Why isn't the company that you work for, worthy not just of your time but your money as well? I mean, but we don't have a concept of that. That's not how we think about companies, and I think it's sad, because companies are most of our effort. They're where most of people's time is, where a lot of the money is, and so I think I'd like for us to help out more than we are.

Investment decision should be made on the basis of the most probable compounding of after-tax net worth with minimum risk.

Beware of geeks bearing formulas.