What the human being is best at doing is interpreting all new information so that their prior conclusions remain intact.
Warren BuffettWorking with people who cause your stomach to churn seems much like marrying for money - probably a bad idea under any circumstances, but absolute madness if you are already rich.
Warren BuffettI am quite serious when I say that I do not believe there are, on the whole earth besides, so many intensified bores as in these United States. No man can form an adequate idea of the real meaning of the word, without coming here.
Warren BuffettMuch success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.
Warren BuffettCan you know you can have institutions that put curbs on that in various ways, and actually what the banks, you know, they have various capital ratios and that sort of thing, but the banks got around them, I mean, they set up sieves and that sort of thing just to get more leverage. People love leverage when it's working. I mean, it's so easy to borrow money from a guy at X and put it out at X.
Warren Buffett