You Pay A Very High Price In

The Best Thing That Happens To Us Is When A Great Company Gets Into Temporary Trouble...we Want To Buy Them When They're On The Operating Table.

Fund Consultants Like To Require Style Boxes Such As "long-short," "macro," "international Equities." At Berkshire Our Only Style Box Is "smart."

In Our View, Derivatives Are Financial Weapons Of Mass Destruction Carrying Dangers That, While Latent, Are Potentially Lethal.

I'm Sitting With Six And A Half Billion Dollars We're Going To Use To Close The Mars-wrigley Deal On October 6. I've Got To Hand Over That Six And A Half Billion On October 6. Now, I Have To Be Very Careful About Who I Leave It In Between Now And Then, Because They're Expecting That He Show Up.

When They Get Their Ego Involved, People Do Things They Shouldn't Do.