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

The best thing that happens to us is when a great company gets into temporary trouble...We want to buy them when they're on the operating table.

Buy a business, don't rent stocks.

I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.

As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.

Never invest in a business you can't understand.