I just wait until there is money lying in the corner, and all I have to do is go over there and pick it up. I do nothing in the meantime.

Commodities tend to zig when the equity markets zag.

You will never get anywhere if you do not do your homework.

Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.

If everyone thinks one way, it is likely to be wrong. If you can figure out that it is wrong, you are likely to make a lot of money.

The biggest public fallacy is that the market is always right. The market is nearly always wrong. I can assure you of that.

I cannot invest the way I want the world to be; I have to invest the way the world is.

Most successful investors, in fact, do nothing most of the time.

Buy low and sell high. It's pretty simple. The problem is knowing what's low and what's high.

If you were smart in 1807 you moved to London, if you were smart in 1907 you moved to New York City, and if you are smart in 2007 you move to Asia.

If you want to make a lot of money, resist diversification.

I have a wide circle of friends, wide enough to keep them away from me.

There's a lot of opportunities for scene-stealing if you're a dog.

Make each day a new horizon.

How shall we praise the magnificence of the dead, The great man humbled, the haughty brought to dust?

Hatred of producers of wealth still flourishes and has become, in fact, the racism of the intelligentsia.

I tell you this as a cautionary tale: beware of getting what you want. It's bound to disappoint you.

What we might consider is how we are good rather than how good we are.

If you want to turn out an atheist child, unconditional love constantly is a good way to do it.

My sense is that you can never teach anybody anything, or change anybody in ways that they don't already have in mind.

A leader must have a servant's heart. And if he has a servant's heart, he will act like a servant and react like a servant when he is treated like a servant.