I don't look to jump over 7-foot bars - I look for 1-foot bars I can step over.
We don't have to be smarter than the rest. We have to be more disciplined than the rest.
Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
Wide diversification is only required when investors do not understand what they are doing.
Rule No .1: Never lose money. Rule No.2: Never forget rule No.1.
Look for 3 things in a person: intelligence, energy, and integrity. If they don't have the last one, don't even bother.
I buy expensive suits. They just look cheap on me.