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“Logic is the subject that has helped me most in picking stocks, if only because it taught me to identify the peculiar illogic of Wall Street. Actually Wall Street thinks just as the Greeks did. The early Greeks used to sit around for days and debate how many teeth a horse has. They thought they could figure it out just by sitting there, instead of checking the horse. A lot of investors sit around and debate whether a stock is going up, as if the financial muse will give them the answer, instead of checking the company.”

“Every interview with a public figure should include the question "What have you been wrong about, and how did that change your views?" The answer will tell us if the person is intellectually honest or a tale spinner with delusions of infallibility.”

“It's weird to make a decision where everyone in your life disapproves, pretty vocally and directly. They said, "You've got one year left. Just do it." I had a full scholarship so I didn't have to pay for it. They asked, "Why don't you just get the degree so you can have it?" And I said, "You don't understand. I was trying to figure out what I wanted to do and now I know. I have the answer and it's dumb to waste any more time."”

“If there's anything you want to do and you can't figure out why you're not doing it, there's a simple answer: you link more pain to doing it than not doing it. Hey, if you don't have enough money, for example I know that's an issue for a lot of people. It was for a good deal of my life. If you don't have money there's only one reason: you link more pain to having more money than to not having it.”