If AIG had tried to unwind their derivatives books. I don't know. It would have hit every institution in the world.

Inflation could be a very - is a likely consequence out of what's going on now.

We look for things I can understand. A lot of businesses I don't understand.

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?

Life is like a snowball. The important thing is finding wet snow and a really long hill.

I look at everything. That's my job. I really do, every day. I think about everything.

I have a house that I bought 55 years ago. It's warm in the winter; it's cool in the summer. It has everything I wanted, plus it has all kinds of good memories. Like my kids, I have good thoughts about that. I can't imagine living any better.