Our marketable equities tell us by their operating results - not by their daily, or even yearly, price quotations - whether our investments are successful. The market may ignore business success for a while, but eventually will confirm it.

I mean the truth is, I've never had it so good in terms of taxes. I am paying the lowest tax rate that I've ever paid in my life.

We look for things I can understand. A lot of businesses I don't understand.

I have a wonderful family. I have a job that I love and wonderful people who help me with it. It can't get any better than that.

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

There seems to be some perverse human characteristic that likes to make easy things difficult.

Every day that goes by, I mean, if you don't react to Pearl Harbor for a week or two weeks or three weeks, you're behind in the war that you otherwise would have fought.