“Whenever I see a stock market explode, six to 12 months later you are in a full blown recovery.”

The key to money management. It’s making a lot of money when you’re right and minimizing it when you’re wrong.

It’s liquidity that moves market.

There’s just nothing to me so invaluable in my business, but in many businesses, as great mentors.

If you’re extremely confident, taking a loss doesn’t bother you.

The way to build long-term returns is through preservation of capital and home runs.

Everyone sort of lives with their rulers in the past and doesn’t look at coming changes.

Bitcoin is like anything else: it’s worth what people are willing to pay for it.

Once you make a lot of money, it’s incredibly enjoyable to give it away. It’s a way to satisfy the soul.

I like putting all my eggs in one basket and then watching the basket very carefully.

I’ve always loved to play games, and face it: investing is one big game. You need to be decisive, open-minded, flexible and competitive.

Once an economy reaches a certain level of acceleration, the Fed is no longer with you

I don’t like the repeal of the estate tax.

You can be far more aggressive when you’re making good profits.

Good debt growth is when you borrow money, and it goes into the real economy. You do capital spending. You build businesses.

If you’re running a business for the long term, the last thing you should be doing is borrowing money to buy back stock.

I’m gonna be a millionaire someday.

We have entered an era where individual investors are as powerful and sophisticated as institutions.

If you’re running a business for the long term, the last thing you should be doing is borrowing money to buy back stock.

I try to invest in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.

When people are financially invested, they want a return. When people are emotionally invested, they want to contribute.

Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.

Market leadership can translate directly to higher revenue, higher profitability, greater capital velocity and correspondingly stronger returns on invested capital.

An investor should act as though he had a lifetime decision card with just twenty punches on it.

I always invest my own money in the companies that I create. I don’t believe in the whole thing of just using other people’s money. I don’t think that’s right. I’m not going to ask other people to invest in something if I’m not prepared to do so myself.