Never, ever, think about something else when you should be thinking about the power of incentives.

It's been my experience in life if you just keep thinking and reading, you don't have to work.

Like the stocks of both Berkshire and Wesco to trade within hailing distance of what we think of as intrinsic value. When it runs up, we try to talk it down. That's not at all common in Corporate America, but that's the way we act.

To the man with only a hammer, every problem looks like a nail.

Part of [having uncommon sense] is being able to tune out folly, as opposed to recognizing wisdom. If you bat away many things, you don't clutter yourself.

Financial institutions make us nervous when they're trying to do well.

Determine value apart from price; progress apart from activity; wealth apart from size.