Our goal is to find an outstanding business at a sensible price, not a mediocre business at a bargain price.

If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.

It's class warfare, my class is winning, but they shouldn't be.

The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.

I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.

Fear is the foe of the faddist, but the friend of the fundamentalist.

Risk comes from not knowing what you are doing so wide diversification is only required when investors are ignorant. You only have to do a very few things in your life so long as you don't do too many things wrong.