Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.

Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.

Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.

We're not going to go head-to-head with them [Wal-Mart], though we do take certain categories, ... We're going to go out there and make sure the difference between us and a Wal-Mart would not be that great...We're focusing on customer service.

I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.

It's human nature to keep doing something as long as it's pleasurable and you can succeed at it - which is why the world population continues to double every 40 years