The rest of the world really likes our stuff pretty well. It's just we buy so damn much of what they produce.

What we learn from history is that people don't learn from history.

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

I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that ...I'm paying $32 billion today for the Coca Cola Company because... If you can't answer that question, you shouldn't buy it. If you can answer that question, and you do it a few times, you'll make a lot of money.

The stockmarket is a semi-psychotic creature given to extremes of elation and despair.

Charlie and I have a number of filters that things have to get through before we'll think about them.

I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.