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

"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1."

"When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact."

"Our favorite holding period is forever."

"Money is the last enemy that shall never be subdued. While there is flesh there is money or the want of money, but money is always on the brain so long as there is a brain in reasonable order."

"It is pretty hard to tell what does bring happiness poverty and wealth have both failed."

"Lack of money is the root of all evil."

"I tend to make low-budget movies but, yeah, I make more money than I ever thought I would make."