At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will be my fault. It will not be because of the misjudgments made by a risk committee or chief risk officer.

I have a house that I bought 55 years ago. It's warm in the winter; it's cool in the summer. It has everything I wanted, plus it has all kinds of good memories. Like my kids, I have good thoughts about that. I can't imagine living any better.

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.

The nature of democracy is such that when there's - there'll be revulsion, obviously, towards - that's never going to happen again.

We continue to make more money when snoring than when active.

Forecasts usually tell us more of the forecaster than of the forecast

An investor should act as though he had a lifetime decision card with just twenty punches on it.