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.
Warren BuffettIn fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.
Warren BuffettIt's good to learn from your mistakes. It's better to learn from other people's mistakes.
Warren BuffettGenerally, we have translated greater output in the few hours of work per week over the last century. And that's a good trend of the future. But we do have to have a system that, as output of goods and services keeps increasing per capita, that it takes care of the people who are willing to work and really are not getting by very well with a family on a 40-hour week.
Warren Buffett