If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?

We only want to link up with people whom we like, admire, and trust. ... We do not wish to join with managers who lack admirable qualities, no matter how attractive the prospects of their business. We've never succeeded in making a good deal with a bad person.

I knew a lot about what I did when I was 20. I had read a lot, and I aspired to learn everything I could about the subject.

There is no perfect mathematical formula for pricing a business.

Stocks are the only thing that people are happy to buy when the price goes up.

If you can't communicate and talk to other people and get across your ideas, you're giving up your potential.

I would say the most satisfying thing actually is watching my three children each pick up on their own interests and work many more hours per week than most people that have jobs at trying to intelligently give away that money in fields that they particularly care about.