Someone will always be getting richer faster than you. This is not a tragedy.

The name of the game is continuing to learn. Even if you're very well trained and have some natural aptitude, you still need to keep learning.

In fact I've probably never seen such a wide moat.

I think the main figure that matters to all of us, including people in the media, is: How does GDP per capita grow? And those figures have been very good. There is a huge flux both up and down, so it isn't like we're all static in status. What's important is that pie grows.

I believe in the discipline of mastering the best that other people have ever figured out. I don't believe in just sitting down and trying to dream it all up yourself. Nobody's that smart.

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

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.