For many of our shareholders, our stock is all they own, and we're acutely aware of that. Our culture [of conservatism] runs pretty deep.

Forgetting your mistakes is a terrible error if you are trying to improve your cognition.

I won’t bet $100 against house odds between now and the grave.

Warren spends 70 hours a week thinking about investing .

The safest way to get what you want is to deserve what you want.

There must be some wisdom in the folk saying: Its the strong swimmers who drown.

If you take sales presentations and brokers of commercial real estate and businesses... I'm 70 years old, I've never seen one I thought was even within hailing distance of objective truth.... 'incentive-caused bias,' causes this terrible abuse. And many of the people who are doing it you would be glad to have married into your family compared to what you're otherwise going to get.