The secret to happiness is to lower your expectations. ...that is what you compare your experience with. If your expectations and standards are very high and only allow yourself to be happy when things are exquisite, you'll never be happy and grateful. There will always be some flaw. But compare your experience with lower expectations, especially something not as good, and you'll find much in your experience of the world to love, cherish and enjoy, every single moment.

The game of life is the game of everlasting learning. At least it is if you want to win.

You don't have to be brilliant, only a little bit wiser than the other guys, on average, for a long, long, time.

A board member should be perfectly willing to leave at any time and willing to make the tough calls.

Warren spends 70 hours a week thinking about investing .

Whenever you think something or some person is ruining your life, it's you. A victimization mentality is so debilitating.

I think democracies are prone to inflation because politicians will naturally spend [excessively] - they have the power to print money and will use money to get votes. If you look at inflation under the Roman Empire, with absolute rulers, they had much greater inflation, so we don't set the record. It happens over the long-term under any form of government.