We have to have better intelligence. We have to have better interdiction capabilities. And so the issue is not how much we spend or how hard we try; the issue is are we doing it the right way? Are we being smart about it?
No company should depend on one person no matter how that person is smart or genius, whether it's Apple or News Corp, or Citibank or any other company in the world.
Among the rich you will never find a really generous man even by accident. They may give their money away, but they will never give themselves away; they are egotistic, secretive, dry as old bones. To be smart enough to get all that money you must be dull enough to want it.
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 got a lot of Ph.D.-types and smart people around me who come into the Oval Office and say, 'Mr. President, here's what's on my mind.' And I listen carefully to their advice. But having gathered the device, I decide, you know, I say, 'This is what we're going to do.'
[My kids] are, sweet, kind, funny, smart, respectful people, and they treat everybody with respect. That's not just the biases of a parent. We feel pretty good when we hear back from friends, cause they still have sleepovers and they go to other folks houses and when the parents say, oh you know, Malia, she's just so sweet, or Sasha helped to pick up the dishes.
Knowing a great deal is not the same as being smart; intelligence is not information alone but also judgement, the manner in which information is coordinated and used.
Vladimir Putin is a smart guy. I don't like him, smart guy. He is going to advance the cause of Russia until he hits a brick wall. He's hit a brick wall in a few areas. I think we need to make it clear that your growth of the former Soviet Union is over. You can be a great power that's respected. Fine. But this is not going to be the old Soviet Union.
In Florida I was illiterate, Boxing Authority didn't want me, then they had a special psychiatrist to come to Kentucky, they checked and they didn't want me. But as soon as my name was Mohammed Ali, as soon as I announced I was a Muslim, then all of a sudden I became smart.
What is with waiters who don't write anything down and memorize your order instead? Are you trying to impress me or something? If you were that smart you wouldn't be a goddamn waiter in the first place.