I'm a bull on Berkshire Hathaway. There may be some considerable waiting, but I think there are some good days ahead.

The Internet bubble circa 2000 is the most extreme in modern capitalism. In the 1930s, we had the worst depression in 600 years. Today is almost as extreme in the opposite way.

I've been associated with Warren ( Buffett) so long, I thought I'd be just a footnote.

If we mix only a moderate minority share of turds with the raisins each year, probably no one will recognize what will ultimately become a very large collection of turds.

The laws of thermodynamic s are such that if the water is getting warmer - and I believe it is - the energy of the weather is going to go up.

In my life there are not that many questions I can't properly deal with using my $40 adding machine and dog-eared compound interest table.

The ethos of not fooling yourself is one of the best you could possibly have. It's powerful because it's so rare.