It may be that we exist and cease to exist in alternations, like the minute dots in some forms of toned printing or the succession of pictures on a cinema film. It may be that reality is an illusion of movement in an eternal, static, multidimensional universe. We may be only a story written on the ground of the inconceivable; the pattern on a rug beneath the feet of the incomprehensible.
I remember the president-elect [Donald Trump] saying that I`m going to do something to dramatically, positively change communities, particularly in urban areas, and I think we`ve got to hold his feet to the fire to all those issues as well as all the issues that you addressed, you and many others addressed yesterday as it relates to criminal justice, as it relates to voting oppression.
All the territorial possessions of all the political establishments in the earth--including America, of course-- consist of pilferings from other people's wash. No tribe, howsoever insignificant, and no nation, howsoever mighty occupies a foot of land that was not stolen.
No formula in finance tells you that the moat is 28 feet wide and 16 feet deep. That's what drives the academics crazy. They can compute standard deviations and betas, but they can't understand moats.
After 25 years of buying and supervising a great variety of businesses, Charlie [Munger] and I have not learned how to solve difficult business problems. What we have learned is to avoid them. To the extent we have been successful, it is because we have concentrated on identifying one-foot hurdles that we could step over rather than because we acquired any ability to clear seven-footers.
Know, then, that now, precisely now, these people are more certain than ever before that they are completely free, and at the same time they themselves have brought us their freedom and obediently laid it at our feet. It is our doing, but is it what you wanted? This sort of freedom?' Again I don't understand', Alyosha interrupted, 'Is he being ironic? Is he laughing?' Not in the least. He precisely lays it to his and his colleagues' credit that they have finally overcome freedom, and have done so in order to make people happy.