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.
Every young man is prone to be misled by the suggestions of his own ill-founded ambition which he mistakes for the promptings of asecret genius, and thence dreams of unrivaled greatness.
We are compelled by the theory of God's already achieved perfection to make Him a devil as well as a god, because of the existenceof evil. The god of love, if omnipotent and omniscient, must be the god of cancer and epilepsy as well.... Whoever admits that anything living is evil must either believe that God is malignantly capable of creating evil, or else believe that God has made many mistakes in His attempts to make a perfect being.
The wish to acquire more is admittedly a very natural and common thing; and when men succeed in this they are always praised rather than condemned. But when they lack the ability to do so and yet want to acquire more at all costs, they deserve condemnation for their mistakes.
I don't regret anything. I feel like I've made what I would call mistakes. I picked the wrong movie, or I didn't pursue a character, but everything you do is part of you and you get something from it.
False hope is clung to with all one's might and main, till a day comes when it has sucked the heart dry and it forcibly breaks through its bonds and departs. After that comes the misery of awakening, and then once again the longing to get back into the maze of the same mistakes.
The degree of sympathy we feel regarding another's fiasco is directly proportional to how easy or difficult it is for us to imagine ourselves, under like circumstances, making a similar mistake.
When you're a candidate and you say something that is inaccurate or controversial, it has less impact than it does when you're president of the United States. Everybody around the world's paying attention. Markets move. National security issues require a level of precision in order to make sure that you don't make mistakes.
Never mind failures; they are quite natural, they are the beauty of life, these failures. What would life be without them? It would not be worth having if it were not for struggles. Where would be the poetry of life? Never mind the struggles, the mistakes. I never heard a cow tell a lie, but it is only a cow-never a man. So never mind these failures, these little backslidings; hold the ideal a thousand times, and if you fail a thousand times, make the attempt once more.
Nowadays, we are confronted by a huge gap between rich and poor. This is not only morally wrong, but practically a mistake. It leads to the rich living in anxiety and the poor living in frustration, which has the potential to lead to more violence. We have to work to reduce this gap. It's truly unfair that some people should have so much while others go hungry.
Michael Jackson has an anti-Semitic streak, and hasn't learned from his past mistakes. It seems every time he has a problem in his life, he blames it on Jews.
We have to live with the rest of the world. And it's a mistake, in my view. Trade has generally developed in this country. We actually export 12 or 13 percent of our GDP. It was only 5 percent in 1970. But it benefits us. It benefits the rest of the world. It doesn't benefit the steelworker maybe in Ohio. And that's the problem that has to be addressed, because when you have something that's good for society, but terribly harmful for given individuals, we have got to make sure those individuals are taken care of.