... some important factor doesn't lose its "share of force" just because some "expert" can better measure other types of force.

Never, ever, think about something else when you should be thinking about the power of incentives.

In my whole life, I have known no wise people (over a broad subject matter area) who didn't read all the time - none, zero. You'd be amazed at how much Warren reads - at how much I read. My children laugh at me. They think I'm a book with a couple of legs sticking out.

We bought a doomed textile mill [Berkshire Hathaway] and a California S&L [Savings & Loan; Wesco] just before a calamity. Both were bought at a discount to liquidation value.

The tax code gives you an enormous advantage if you can find some things you can just sit with.

The only intelligence investing is value investing...to acquire more than one is paying for.

Spend less than you make; always be saving something. Put it into a tax-deferred account. Over time, it will begin to amount to something. This is such a no-brainer.