The liabilities are always 100 percent good. It's the assets you have to worry about.

Knowing what you don't know is more useful than being brilliant.

We're the tortoise that has outrun the hare because it chose the easy predictions.

Once you get into debt, it’s hell to get out. Don’t let credit card debt carry over. You can’t get ahead paying eighteen percent.

It's simplicity itself that its future will be way worse than its past.

You don't have to have perfect wisdom to get very rich - just a bit better than average over a long period of time.

We don't have an isolated group [of senior managers] surrounded by servants. Berkshire's headquarters is a tiny little suite. We just came back from Berkshire's board meeting; it had moved up to the board room of the Kiewit company and [it was so large and luxurious that] I felt uncomfortable.