I find that the standard of living does not go up in proportion with the cost of living. The trick in life is to do things that are fun all the time.

I mean, in terms of alternatives, some people have suggested for example that why don't we - why isn't America doing what Berkshire Hathaway is doing? Why isn't that a better deal for America?

People should always know better.

Of our 49 billion, we haven't moved any to Bitcoin

If you cannot control your emotions, you cannot control your money.

I think people - what people want to do is make [economy] get worse.

As I have mentioned before, we cannot make the same sort of money out of permanent ownership of controlled businesses that can be made from buying and reselling such businesses, or from skilled investment in marketable securities. Nevertheless, they offer a pleasant long term form of activity (when conducted in conjunction with high grade, able people) at satisfactory rates of return.