"Growing up is losing some illusions, in order to acquire others."

"I write to find out what I know."

"One cannot think well, love well, sleep well, if one has not dined well."

"Someone has to die in order that the rest of us should value life more."

"I am rooted, but I flow."

"Life is like a snowball. The important thing is finding wet snow and a really long hill."

"In a world of infinite change, the fundamental principles of value remain the same."

"A horse that can count to ten is a remarkable horse—not a remarkable mathematician."

"It’s nice to have a lot of money, but you don’t want to keep it around forever. I prefer buying things."

"We believe that according the name 'investor' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a romantic."

"I read 500 pages like this every day. That's how knowledge works. It builds up, like compound interest."

"If you lose money for the firm, I will be understanding. If you lose a shred of reputation, I will be ruthless."

"I am a better investor because I am a businessman, and a better businessman because I am an investor."

"You should write your obituary and then try to live up to it."

"The smarter the journalists are, the better off society is."