If you skillfully follow the multidisciplinary path, you will never wish to come back. It would be like cutting off your hands.

At Berkshire Hathaway we do not like to compete against Chinese manufacturers.

We have the same problem as everyone else: It's very hard to predict the future.

You want to deliver to the world what you would buy if you were on the other end.

One could imagine a period like Japan13 years ago, however, in which indexing over time wouldn't work.

It's dangerous to short stocks.

Wall Street has too much wealth and political power.