“Any year that you don’t destroy one of your best-loved ideas is probably a wasted year.”

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.

Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.

The game of life is the game of everlasting learning. At least it is if you want to win.

He who kneels the most, stands the best.

You saw me at my worst. Now its time you see me at my best.

What’s the best way to build a brand for the long term? In a word: culture.

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

The best place to begin is always with gratitude.

The best thing is to look natural, but it takes makeup to look natural.

I liked myself best with you. I fear I dislike the rest.

The best way to revive a church is to build a fire in the pulpit.