We all make mistakes. If you can't make mistakes, you can't make decisions. I've made a lot bigger mistakes myself.

I never try to predict the market.

When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.

Over the years, a number of very smart people have learned the hard way that a long string of impressive numbers multiplied by a single zero always equals zero.

All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it.

It's never paid to bet against America.

The greatest Enemies of the Equity investor are Expenses and Emotions.