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

Our system works. Over time, people will live better and better. We have a system that unleashes human potential, and now China has a system that unleashes human potential. We will have interruptions. We overshoot and undershoot sometimes, but your kids and grandkids will live better than you. Over time, we move ahead at a pretty damn rapid rate.

You are lucky in life if you have the right heroes. I advise all of you, to the extent you can, to pick out a few heroes

There are 309 million people out there that are trying to improve their lot in life. And we've got a system that allows them to do it.

A diamond cannot be polished without friction, nor a person perfected without trials. Someone is enjoying shade today because someone planted a tree a long time ago.

If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there aren't that many wonderful businesses understandable to a single human being in all likelihood. To forego buying more of some super-wonderful business and instead put your money into #30 or #35 on your list of attractiveness just strikes Charlie and me as madness.

I have a wonderful family. I have a job that I love and wonderful people who help me with it. It can't get any better than that.