Beware [of] The Investment Activity That Produces

The (stock) Market Is There Only As A Reference Point To See If Anybody Is Offering To Do Anything Foolish. When We Invest In Stocks, We Invest In Businesses.

Problems In A Company Are Like Cockroaches In The Kitchen. You Will Never Find Just One

It Is Not Necessary To Do Extraordinary Things To Get Extraordinary Results.

We Try To Buy Businesses With Good-to-superb Underlying Economics Run By Honest And Able People And Buy Them At Sensible Prices. That's All I'm Trying To Do.

Cash Never Makes Us Happy, But It's Better To Have The Money Burning A Hole In Berkshire's Pocket Than Resting Comfortably In Someone Else's.