Wall Street Makes Its Money On Activity.

You Ought To Be Able To Explain Why You’re Taking The Job You’re Taking, Why You’re Making The Investment You’re Making, Or Whatever It May Be. And If It Can’t Stand Applying Pencil To Paper, You’d Better Think It Through Some More. And If You Can’t Write An Intelligent Answer To Those Questions, Don’t Do It.

I Bought My First Stock In 1942, In The Summer Of '42. I Was 11 Years Old. And So 75 Years Have Gone By. And I Have Never Known What The Market's Going To Do The Next Day. And That's Not My Game. My Game Is To Decide Whether I'm In The Right Economy, Which America's Definitely Been Ever Since That Time. The Dow Has Gone From 100 To 21,000 During That Time. And No Matter What The Headlines Say, Or Terrible Things Are Happening - We Were Losing The War In The Pacific When I First Bought Stocks.

Your Money Can Be Inflated Away But Your Knowledge And Talent Cannot.

I'm Sitting With Six And A Half Billion Dollars We're Going To Use To Close The Mars-wrigley Deal On October 6. I've Got To Hand Over That Six And A Half Billion On October 6. Now, I Have To Be Very Careful About Who I Leave It In Between Now And Then, Because They're Expecting That He Show Up.

When Bills Come Due, Only Cash Is Legal Tender. Don't Leave Home Without It.