'I'll tell you why I like the cigarette business. It costs a penny to make. Sell it for a dollar. It's addictive. And there's fantastic brand loyalty.'[1]

'I wouldn't mind going to jail if I had three cellmates who played bridge' Buffett on Bridge

'The approach and strategies are very similar in that you gather all the information you can and then keep adding to that base of information as things develop…

'It's got to be the best intellectual exercise out there. You're seeing through new situations every ten minutes:In the stock market you don't base your decisi…