I Never Invest In Anything

We've Got All The Ingredients For A Sensational Future.

In A Commodity Business, It's Very Hard To Be Smarter Than Your Dumbest Competitor.

We've Seen What Can Be Accomplished When We Use 50% Of Our Human Capacity. If You Visualize What 100% Can Do, You'll Join Me As An Unbridled Optimist About America's Future.

At Berkshire, I Both Initiate And Monitor Every Derivatives Contract On Our Books ... If Berkshire Ever Gets In Trouble, It Will Be My Fault. It Will Not Be Because Of The Misjudgments Made By A Risk Committee Or Chief Risk Officer.

The Fundamental Basis Of Above-average Performance In The Long Run Is Sustainable Competitive Advantage.