I don't know that I could draw one that's perfect. But I'd rather by approximately right than precisely wrong, and it would be precisely wrong to turn it down.

A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business, you don't need to own very many of them.

There is no staff. I make all the investment decisions and I do all my own analysis.

Stocks of companies selling commodity-like products should come with a warning label: "Competition may prove hazardous to human wealth".

Investment ideas, like women are often more exciting than punctual.

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

There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.