Our approach is very much profiting from lack of change rather than from change. With Wrigley chewing gum, it's the lack of change that appeals to me. I don't think it is going to be hurt by the Internet. That's the kind of business I like.

If we have a strength, it is in recognizing when we are operating well within our circle of competence and when we are approaching the perimeter.

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

Focus on your customers and lead your people as though their lives depend on your success.

The only way to be loved is to be loveable, which really irritates me.

Asking for financial advice from a financial planner is like asking a barber if you need a hair cut.

If you know how to value businesses, it's crazy to own 50 stocks or 40 stocks or 30 stocks, probably because there aren't that many wonderful businesses understandable to a single human being in all likelihood. To forego buying more of some super-wonderful business and instead put your money into #30 or #35 on your list of attractiveness just strikes Charlie and me as madness.