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.

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!

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

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.

My wallpaper and I are fighting a duel to the death. One or the other of us has to go.

Nobody really cares if you’re miserable, so you might as well be happy and the make the most of where you are.

For each door of sadness that opens, there are a thousand means of shutting it...

In business, experience is the big teacher.

America is much better than the leadership we have in Washington.

Beautify your tongues, O people, with truthfulness, and adorn your souls with the ornament of honesty. Beware, O people, that ye deal not treacherously with any one.

It’s nice enough to make a man weep, but I don’t weep, do you?

Integrity starts from the inside out, not the outside in.

I've gotten a lot of livid letters about the awfulness of my work. I've never known what to make of it. Why do people bother to write if they hate what I do?

I try not to have personal goals. Personal numbers is a mind-set. The only numbers I care about are in the win column.