The thing to do is to keep your mind when the world around you is losing theirs.

People always should know better. People don't get - they don't get smarter about things that get as basic as greed.

There is no substitute for a local newspaper that is doing its job.

At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will be my fault. It will not be because of the misjudgments made by a risk committee or chief risk officer.

You can be sure that over the next 10 years, you'll see something that you did not think was possible.

Never invest in a business you don't understand.

When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you. That’s the ultimate test of how you’ve lived your life.