"A clear vision, backed by definite plans, gives you a tremendous feeling of confidence and personal power."

"Your life only gets better when you get better."

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

"It is better to be a small part of a great business than a large part of a mediocre one."

"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."

"Accounting is the language of business."

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

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

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

"You don't need to be a rocket scientist. Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ."

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

"If you hire somebody without integrity, you really want them to be dumb and lazy."

"It's better to be approximately right than precisely wrong."