We look for a horse with one chance in two of winning and which pays you three to one.
We want very good leaders who have a lot of power.
If the value of a company doesn't just scream out at you, it's too close.
At Berkshire Hathaway we do not like to compete against Chinese manufacturers.
When you locate a bargain, you must ask, 'Why me, God? Why am I the only one who could find this bargain?'
There's no way that you can live an adequate life without making many mistakes.