I think I could make you fifty percent a year on one million dollars. No, I know I could. I guarantee that.

I make plenty of mistakes and I'll make plenty more mistakes, too. That's part of the game. You've just got to make sure that the right things overcome the wrong ones.

Returns decrease as motion increases.

Charlie [Munger] and I are not big fans of resumes. Instead, we focus on brains, passion and integrity.

I make no effort to predict the course of general business or the stock market. Period. However, currently there are practices snowballing in the security markets and business world which, while devoid of short term predictive value, bother me as to possible long term consequences.

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.

During inflation, Goodwill is the gift that keeps on giving.