I like to be right. I try not to miss the big ideas, forget the little ones, and try to get them right. End of job description.

You can't run the economy on BMWs alone. If the average person is in a pickle, how do you have a healthy economy?

Remember that history always repeats itself. Every great bubble in history has broken. There are no exceptions.

I believe the only things that really matter in investing are the bubbles and the busts

The individual is far better-positioned to wait patiently for the right pitch while paying no regard to what others are doing, which is almost impossible for professionals.

Although value is a weak force in any single year, it becomes a monster over several years. Like gravity, it slowly wears down the opposition.

I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional.

Volatility is a symptom that people have no idea of the underlying value.

Battering down solar cells on the roofs of Wal-Marts in California. I think that will be some of the highest-return investments that anyone ever makes.

By background I'm both a Quaker and a Yorkshireman, which I like to call double jeopardy.

The pure administration of Graham-and-Doddery really needs a long-term lock-up like Warren Buffett has, or it will have occasional quite dreadful client problems.

And then I saw what I was to see so many times on the journey--a look of longing. "Lord! I wish I could go.

Let Christ’s great commission become yours

In inventing a model we may assume what we wish, but should avoid impossibilities.

People fall in love and swear they are so sure, then they turn around and say it's over. I never trusted love to come any closer till the moment you were mine.

Critics are sentinels in the grand army of letters, stationed at the corners of newspapers and reviews, to challenge every new author.

The bibliophile is the master of his books, the bibliomaniac their slave.

Sometimes, one gesture comprises an entire drama, the accent of one word ruins an entire existence, and the indifference of one glance kills the happiest passion.

The major political event of the twentieth century is the death of socialism.

Often, even if I'm struggling with a decision or something, if I just go out into the ocean, that answer will come without thinking about it too much.

If you do what you love, hold nothing back, and never let fear of failure get in your way, then you've pretty much figured out the Trump formula.