If you’ve been playing poker for half an hour and you still don’t know who the patsy is, you’re the patsy.
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.
In the business world, the rearview mirror is always clearer than the windshield.
Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
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.
When you combine ignorance and leverage, you get some pretty interesting results.
What the wise do in the beginning, fools do in the end.
I do know that when I am 60, I should be attempting to achieve different personal goals than those which had priority at age 20.
An investor should act as though he had a lifetime decision card with just twenty punches on it.
The difference between successful people and really successful people is that really successful people say no to almost everything.
You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.
Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.
Keep all your eggs in one basket, but watch that basket closely.
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
A public-opinion poll is no substitute for thought.
Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
Writing a check separates a commitment from a conversation.
If past history was all that is needed to play the game of money, the richest people would be librarians.
I am not a businessman, I am an artist.
Games are won by players who focus on the playing field – not by those whose eyes are glued to the scoreboard.