The idea of excessive diversification is madness. Wide diversification, which necessarily includes investment in mediocre businesses, only guarantees ordinary results.

The best thing a human being can do is to help another human being know more.

Intelligent people make decisions based on opportunity costs.

Mimicking the herd invites regression to the mean.

I did not succeed in life by intelligence. I succeeded because I have a long attention span.

The big money is not in the buying and selling ... but in the waiting.

Great investing requires a lot of delayed gratification.

When you locate a bargain, you must ask, 'Why me, God? Why am I the only one who could find this bargain?'

Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.

I believe in the discipline of mastering the best that other people have ever figured out. I don't believe in just sitting down and trying to dream it all up yourself. Nobody's that smart.

A lot of success in life and business comes from knowing what you want to avoid: early death, a bad marriage, etc.

So while our art cannot, as we wish it could, save us from wars, privation, envy, greed, old age, or death, it can revitalize us amidst it all.

In Detroit, we all talked the race game. It is a way of life.

Who could be like him? Who could ever be like you? Each of us has his path. They run close together sometimes—for life, if we are fortunate—but they never cross.

It may be interesting to note how many statesmen there are who believe that the cost of living can be reduced by making the people of other countries help to feed and clothe us.

Silly humans. Banging on a tub to make a bear dance when we would move the stars to pity.

The utter destruction of our culture isn't just around the corner. It has been here for some time.

He who is filled with love is filled with God himself.

The best entrepreneurs I've ever met are all good communicators. It's perhaps one of the very few unifying factors.

A lot can happen to a person's appearance in three months.

Hung be the heavens with black! Yield, day, to night!