“It never ceases to amaze me to see how much territory can be grasped if one merely masters and consistently uses all the obvious and easily learned principles.”

If you can buy the best companies, over time the pricing takes care of itself.

Just avoid things like racing trains to the crossing, doing cocaine, etc. Develop good mental habits.

A lot of success in life and business comes from knowing what you want to avoid: early death, a bad marriage, etc.

There has never been a master plan. Anyone who wanted to do it, we fired because it takes on a life of its own and doesn’t cover new reality. We want people taking into account new information.

I think that, every time you saw the word EBITDA, you should substitute the word “bullshit” earnings.

We have found in a long life that one competitor is frequently enough to ruin a business.

I never allow myself to have an opinion on anything that I don’t know the other side’s argument better than they do.

Three rules for a career: 1) Don’t sell anything you wouldn’t buy yourself; 2) Don’t work for anyone you don’t respect and admire; and 3) Work only with people you enjoy.

It’s stupid the way people extrapolate the past — and not slightly stupid, but massively stupid.

If the value of a company doesn’t just scream out at you, it’s too close.

It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.

How do you compete against a true fanatic? You can only try to build the best possible moat and continuously attempt to widen it.

We don’t like trading agony for money

This is a good life lesson: getting the right people into your system is the most important thing you can do.

I did not succeed in life by intelligence. I succeeded because I have a long attention span.

If you don’t keep learning, other people will pass you by. Temperament alone won’t do it – you need a lot of curiosity for a long, long time.

Amazing, obviously. She’s been my idol since I re-enacted ‘Titanic’ and fell in love with Leo. And it’s a privilege to be called the next anything. But I suppose to be the next you is all you can do.

The amazing thing about love is that it is the best way to get to know ourselves.

It is amazing how many hints and guides and intuitions for living come to the sensitive person who has ears to hear what his body is saying.

If I had a horse of my own that I loved and fed and knew me, it would be amazing.

People are getting together specifically to color. It’s amazing.

It’s amazing that Bill Clinton could do one thing and have sex with his secretary and really get away with it and still be powerful.

It’s just like we do over here in America, right? It’s amazing that we have presidents over here do the same thing, right?

I want to be remembered as, I hope, an amazing husband and a great father.