I'm just lucky to have been in the right place at the right time. Another place, another time, I wouldn't have been as successful. Society enabled me to make my money and my money should go to society.

It irritates the hell out of me but you can't buy love.

I will do anything that is basically covered by the law to reduce Berkshire's tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit.

I have always cautioned partners that I considered three years a minimum in determining whether we were "performing".

I'm happy when I can spend every day doing the things that I like to do. That's my luxury.

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

If you do smart things and use leverage and do one wrong thing along the way, it could wipe you out, because anything times zero is zero. But it's reinforcing when the people around you are doing it successfully, you're doing it successfully, and it's a lot like Cinderella at the ball.