In looking for people to hire, look for three qualities: integrity, intelligence and energy. And if they don't have the first, the other two will kill you.

It’s not that I want money. It’s the fun of making money and watching it grow.

I don't look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.

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.

Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good thing can be wonderful'.

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

A hyperactive stock market is the pickpocket of enterprise.