The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.

• If past history was all there was to the game, the richest people would be librarians.
• The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
• Someone's sitting in the shade today because someone planted a tree a long time ago.
• You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing.
• Risk is a part of God's game, alike for men and nations.
• Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
• The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on.
• Of the billionaires I have known, money just brings out the basic traits in them. If they were jerks before they had money, they are simply jerks with a billion dollars.
• I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.
• Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation.