“When you combine ignorance and leverage, you get some pretty interesting results.”

“You know ... you keep doing the same things and you keep getting the same result over and over again.”

“I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy.”

“Diversification is protection against ignorance. It makes little sense if you know what you are doing.”

“No matter how great the talent or efforts, some things just take time. You can't produce a baby in one month by getting nine women pregnant.”

“Price is what you pay. Value is what you get.”

“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.”