Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.

Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.

It's much easier to stay out of trouble now than to get out of trouble later.

It's a big mistake to try and mislead people. They will turn around.

I have three boxes on my desk: In, Out, and Too Hard.

There is no question we have an access stock.

Never get too hung up on mistakes.