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

Read Ben Graham and Phil Fisher read annual reports, but don't do equations with Greek letters in them.

There are all kinds of businesses that Charlie and I don't understand, but that doesn't cause us to stay up at night. It just means we go on to the next one, and that's what the individual investor should do.

It's easier to create money than to spend it.

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

I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP all sitting members of congress are ineligible for reelection.

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.