What the wise do in the beginning, fools do in the end.

What the wise do in the beginning, fools do in the end.

I have pledged - to you, the rating agencies and myself - to always run Berkshire with more than ample cash. We never want to count on the kindness of strangers in order to meet tomorrow's obligations. When forced to choose, I will not trade even a night's sleep for the chance of extra profits.

I mean, you know, you're not going to change the human animal. And the human animal really doesn't get a lot smarter.

Gold has two significant shortcomings, being neither of much use nor procreative.

Investment students need only two well-taught courses - How to Value a Business and How to Think About Market Prices

My father was the best person i've ever known.