We have a high moral responsibility to be rational

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.

Cicero's words also increased my personal satisfaction by supporting my long-standing rejection of a conventional point of view.

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

Although I am very interested in the subject of human misjudgment - and lord knows I've created a good bit of it - I don't think I've created my full statistical share, and I think that one of the reasons was I tried to do something about this terrible ignorance I left the Harvard Law School with.

Wrigley is a great business, but that doesn't solve the problem. Buying great businesses at advantageous prices is very tough.

Learn how to ignore the examples from others when they are wrong, because few skills are more worth having.