Buy companies with strong histories of profitability and with a dominant business franchise.
A bull market is like sex. It feels best just before it ends.
In the insurance business, there is no statute of limitation on stupidity.
Do what you would do for free, having passion for what you do is the most important thing.
Chains of habit are too light to be felt until they are too heavy to be broken.
I mean, in terms of alternatives, some people have suggested for example that why don't we - why isn't America doing what Berkshire Hathaway is doing? Why isn't that a better deal for America?