investment

It's not how old you are, it's how hard you work at it.

The football season is about over. Education never had a more financial year. School will commence now.

An investor needs to do very few things right as long as he or she avoids big mistakes.

Berkshire Hathaway will sell you insurance, carpeting or any of our other products in exchange for options identical to those you grant yourselves.

Derivatives are financial weapons of mass destruction.

Growth and value investing are joined at the hip.

I need all the help I can get -- and Ken has certainly provided it,

I personally would increase the taxable base above the present ninety thousand. I pay very, very little in the way of social security taxes because I make a lot more than ninety thousand and the people in my office pay the full tax.

If past history was all there was to the game, the richest people would be librarians.

Life is like a snowball, all you need is wet snow, and a really long hill.

Never invest in a business you can’t understand.

Over the long term, the stock market news will be good. In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.

The directors know now -- and will always know in the future -- exactly what they will do when the need arises. And while we are on the subject, I feel terrific.

The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.

What the wise do in the beginning, fools do in the end.

The proletariat should not ignore peaceful methods of struggle — they serve its ordinary, day-to-day interests, they are necessary in periods of preparation for revolution — but it must never forget that in certain conditions the class struggle assumes the form of armed conflict and civil war; there are times when the interests of the proletariat call for ruthless extermination of its enemies in open armed clashes. This was first demonstrated by the French proletariat in the Commune and brilliantly confirmed by the Russian proletariat in the December uprising.

We are not going to toy with our religion or any other. Nor are we going to barter. We are here to extend our hands to build peace and harmony.

And so they stood on the walls of the City of Gondor, and a great wind rose and blew, and their hair, raven and golden, streamed out mingling in the air.

As he fell slowly into sleep, Pippin had a strange feeling: he and Gandalf were still as stone, seated upon the statue of a running horse, while the world rolled away beneath his feet with a great noise of wind.