Games are won by players who focus on the playing field -- not by those whose eyes are glued to the scoreboard.

I really like my life. I've arranged my life so that I can do what I want.

Making money isn't the backbone of our guiding purpose; it is the by-product of our guiding purpose.

I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood; in fact, if it occurswe will be selling life jackets to the unprepared.

I'll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It's addictive. And there's a fantastic brand loyalty.

Having first rate people on the team is more important than designing hierarchies and clarifying who reports to whom.

If you want to shoot rare, fast-moving elephants, you should always carry a loaded gun.