"The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, t…"

"I have a lot of things I want to do. I want to live to be 100. I want to be able to hit a golf ball 250 yards. I want to be able to dance with my wife."

"I would rather be vaguely right than precisely wrong."

"I am a better investor because I am a businessman, and a better businessman because I am an investor."

"The most important quality for an investor is temperament, not intellect."