'It is only when the tide goes out, that you know who was swimming naked.'

'When they open that envelope, the first instruction is to take my pulse again.' - 2001 Annual Meeting after mentioning that the instructions of his succession…

'Those who attended (the annual meeting) last year saw your Chairman pitch to Ernie Banks. This encounter proved to be the titanic duel that the sports world h…

'Berkshire's arbitrage activities differ from those of many arbitrageurs. First, we participate in only a few, and usually very large, transactions each year. …