“Life is like a snowball. The important thing is finding wet snow and a really long hill. ”

“The most important thing to do if you find yourself in a hole is to stop digging.”

“You only have to do a very few things right in your life so long as you don't do too many things wrong.”

“You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideals come along, and I've had long dry spells. If I get an ideal next week, I'll do something. If not, I won't do a damn thing.”

“Gold is a way of going long on fear, and it has been a pretty good way of going long on fear from time to time. But you really have to hope people become more afraid in a year or two years than they are now. And if they become more afraid you make money, if they become less afraid you lose money, but the gold itself doesn’t produce anything.”

“There seems to be some perverse human characteristic that likes to make easy things difficult. ”

“It's nice to have a lot of money, but you know, you don't want to keep it around forever. I prefer buying things. Otherwise, it's a little like saving sex for your old age.”