By setting up Berkshire Hathaway, Warren has done everything very rationally.

When it comes to investing, my suggestion is to first understand your strengths and weaknesses, and then devise a simple strategy so that you can sleep at night!

If the stock goes down we want to buy more.

You never really know a stock until you own it.

Try to buy assets at a discount than to buy earnings.

When you buy a depressed company it's not going to go up right after you buy it, believe me.

Timidity prompted by past failures causes investors to miss the most important bull markets.

Look for companies that do not have a lot of debt.

Be sure that debt does not exceed 100% of the equity.

If the market were way over priced, I wouldn't own any stocks.

We may buy a little bit of a stock, to get our feet wet and get a feeling for it.

There is no law stronger than that ofmagic. - Kian

We should use our judgment before coming to a decision.

Certainly the details of our life are unique. Spending time thinking of how I am different from someone else, however, does not tend to be very productive.

True refinement seeks simplicity.

Real socialism is inside man. It wasn't born with Marx. It was in the communes of Italy in the Middle Ages. You can't say it is finished.

The real champions in life are so humble and gracious. They just continue doing what they do without all the posturing. If you've got the real thing, you don't have to flaunt a loud imitation.

I don't know how much longer I can complain.

What humor allows you to do is to let the past go with less pain. It's a healing element. It releases some of the pain from the shotgun wound.

When there is no love, pour in love and you shall draw out love.

If you're lucky enough to get to play a character for a long time, it's life-changing.