If you have the opportunities of Berkshire, an investment in gold is dumb.
Good businesses can survive a little bad management.
Wall Street has too much wealth and political power.
The tax code gives you an enormous advantage if you can find some things you can just sit with.
You'll better understand the evil when top audit firms started selling fraudulent tax shelters when I tell you that one told me that they're better [than the others] because they only sold [the schemes] to their top-20 clients, so no-one would notice.
People always underestimate the ability of earth to increase its carrying capacity.