If You Have A Great

Buy Stocks Like You Buy Your Groceries, Not Like You Buy Your Perfume.

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

Occasionally, A Man Must Rise Above Principles.

Over The Years, Charlie [munger, Berkshire Hathaway Vice Chairman] And I Have Observed Many Accounting-based Frauds Of Staggering Size. Few Of The Perpetrators Have Been Punished; Many Have Not Even Been Censured. It Has Been Far Safer To Steal Large Sums With Pen Than Small Sums With A Gun.

I Think What People Understand There Probably - Well, They Were Hoping The Private Sector Would Do It [rescuing Aig ].