Here's my answer to the very real existential crisis that grips me midway through everything I've ever tried to do: I think stories help us fight the nihilistic urges that constantly threaten to consume us.
When I was in college, I remember fearing that the dreary grind of adulthood would feature infinitely more existential dread than frat parties had, but the opposite has been true for me. I'm much less likely to feel that gnawing fear of aimlessness and nihilism than I used to be and that's partly be
The universe is biased toward consciousness because the universe wants to be noticed. It's a way into existential hope that doesn't have too much clichÃ© wrapped around it.
We do not have, nor have had, and never will have an opinion about where the stock market, interest rates, or business activity will be a year from now.
You are neither right nor wrong because the crowd disagrees with you.
The investor of today does not profit from yesterday's growth. Warren Buffet
... but the important thing is that when you do find one where you really do know what you are doing, you must buy in quantity.... Charlie and I have made a dozen or so very big decisions relative to net worth, although not as big as they should have been. And in each of those, we've known that we w
Risk is a part of God's game, alike for men and nations.
I'm always interested in understanding the math of things and understanding as much as I can about all aspects of business. And what I learn today may be useful to me two years from now. That'sreally the wonderful thing about investments is your knowledge is cumulative.
I don't read economic forecasts. I don't read the funny papers.
People always ask me where they should go to work, and I always tell them to go to work for whom they admire the most.
In some corner of the world they are probably still holding regular meetings of the Flat Earth Society. We derive no comfort because important people, vocal people, or great numbers of people agree with us. Nor do we derive comfort if they don't.
I think the most important factor in getting out of the recession actually is just the regenerative capacity of - of American capitalism.
I try to buy stock in businesses that are so wonderful that an idiot can run them. Because sooner or later, one will.
I have a wonderful family. I have a job that I love and wonderful people who help me with it. It can't get any better than that.
For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.
Money is not everything. Make sure you earn a lot before speaking such nonsense.
Well, one time some attractive woman sat next to Charlie and asked him what he owed his success to, and, unfortunately, she insisted on a one word answer. He had a speech prepared that would have gone on for several hours. But when forced to boil it down to one word, he said that was "rational". You
[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
We like to buy businesses, but we don't like to sell them.
Buy into a company because you want to own it, not because you want the stock to go up.
In the insurance business, there is no statute of limitation on stupidity.
With enough insider information and a million dollars, you can go broke in a year.