“Experience is making mistakes and learning from them.”

Investing is a business where you can look very silly for a long period of time before you are proven right.

I’ve seen very few people in the world accomplish anything unless they were optimists.

In the investing business you need a – a high degree of confidence but you also need a high degree of humbleness and you have to balance those two… Humbleness comes from mistakes.

You should surround yourself with people that believe in you, in life, and in business.

I am always prepared to do the right thing regardless of what other people think.

Everyone told me it was a really stupid idea to start my own hedge fund right out of business school. That’s how I knew that it was a good idea.

The untold secret of McDonald’s is that when you sell a restaurant to a franchisee, sales typically go up a lot because the franchisees do a much better job managing the store.

We invest generally in very good companies that have lost their way. And with better management, enormous value can be created.

Ultimately, investors are – are only as good as their track records.

Let me win? That doesn’t exist in my house. No one lets anyone win. Fight to the death.

You can learn investing by reading books.

Investing is one of the few things you can learn on your own.

What motivates people to succeed? Sex. People don’t like to admit it, but it’s the primal driver.

I love what I do. I don’t do it for the money. I work on behalf of investors that I like and want to do well for. I’m a competitive person.

What I love about tennis is that I’m better now than I was when I was 20.

If I believe that I am right, I will take it to the end of the earth until I am proven right.

Only those who have already experienced a revolution within themselves can reach out effectively to help others.

Often a very old man has no other proof of his long life than his age.

Life itself is your teacher, and you are in a state of constant learning.

Hello, Darkness, my old friend.

I’m an old sinner. Nothing shocks me.

Accept what life offers you and try to drink from every cup. All wines should be tasted; some should only be sipped, but with others, drink the whole bottle.

Just like in bodybuilding, failure is also a necessary experience for growth in our own lives, for if we’re never tested to our limits, how will we know how strong we really are? How will we ever grow?

I want to taste and glory in each day, and never be afraid to experience pain; and never shut myself up in a numb core of nonfeeling, or stop questioning and criticizing life and take the easy way out.