Managers And Investors Alike Must Understand That

Charlie And I Decided Long Ago That In An Investment Lifetime, It's Too Hard To Make Hundreds Of Smart Decisions. That Judgment Became Ever More Compelling As Berkshire's Capital Mushroomed And The Universe Of Investments That Could Significantly Affect Our Results Shrank Dramatically. Therefore, We Adopted A Strategy That Required Our Being Smart And Not Too Smart At That, Only A Very Few Times. Indeed, We Now Settle For One Good Idea A Year.

I Think The Most Important Factor In Getting Out Of The Recession Actually Is Just The Regenerative Capacity Of - Of American Capitalism.

I Don't Think You Can Have A Better Secretary Of The Treasury Than Hank Paulson.

Whether We’re Talking About Socks Or Stocks, I Like Buying Quality Merchandise When It Is Marked Down.

In The End We Must Have People To Match Our Principles, Not The Reverse.