"...Why am I frugal? You can't buy health and you can't buy love. I'm a member of every golf club that I want to be a member of. I'm the highest handicap member of Augusta National. I'd rather play golf here with people I like than at the fanciest golf course in the world. I can do anything that I want, and I do. I buy everything I want to have. I'm not interested in cars and my goal is not to make people envious.

Don't confuse the cost of living with the standard of living.

Bella Eidenberg was a Polish Jew who was at Auschwitz and some of her family didn't make it. Twenty years ago she said she was slow to make friends, and that the real question in her mind was always, Would they hide me? If you have a lot of people that would hide you, you've had a very successful life. That can't be bought. I know people that have billions of dollars and their children would say, he's in the attic."

Warren Buffett