He has such a nice way of explaining things.
I saw a TV interview with him earlier this week. The interviewer asked him if he was worried by recent volatility in the market. He said:
"Listen, I like to eat steak. I'll go to my local steakhouse and enjoy a prime cut for $12. If tonight, I go to my local steakhouse and the same steak is only $9 rather than $12, I'm ecstatic!"
He's actively buying equities at the moment but would not divulge which companies he is buying, in his letter to shareholders he wrote: "I could, of course, tell you their names, but then I would have to kill you."