Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.

Mistakes are the best teachers. One does not learn from success. It is desirable to learn vicariously from other people's failures, but it gets much more firmly seared in when they are your own.

You don’t make money when you buy stocks. And you don’t make money when you sell stocks. You make money by waiting.

The only way one should buy stocks is if you understand the underlying business. You stay within the circle of competence. You buy businesses you understand.

Heads I win, tails I don’t lose much.

The good news in investing is there are no HR problems. If there are no humans, there are no problems!

People see poverty all around them in India, but they are desensitized or immune to it. I came to the conclusion that poverty is driven by lack of education.

There is no such thing as a value trap. There are investing mistakes.

I have a hard time getting past the day without the nap, so the nap is a must.

The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue.

The single biggest advantage a value investor has is not IQ. It's patience and waiting. Waiting for the right pitch, and waiting for many years for the right pitch.

May the Lord be your strong tower.

Writing novels is not an illness that need be recovered from. It is my work

When I look at you as if you're crazy it's not that I judge you for your insanity.

It's not an easy thing to be let go.

I think big data companies only like good news. So I think they're just hoping that they don't get sued, essentially.

I see that the greatest thing about getting older is how your judgment changes and how you come to understand the cycles of life. And you keep having these amazing flashes of understanding.

If you don't have that trust in the backbone of the project, you may not know what you're making.

I think the hardest thing about being an actor is between jobs when you don't know and wondering if you'll ever work again. It's kind of a crazy business.

No man who has once heartily and wholly laughed can be altogether irreclaimably bad.

A world of facts lies outside and beyond the world of words.