'We don't get paid for activity, just for being right. As to how long we'll wait, we'll wait indefinitely.' - 1998 Berkshire Hathaway Annual Meeting

'If you expect to be a net saver during the next 5 years, should you hope for a higher or lower stock market during that period?'Many investors get this one wr…

'I call investing the greatest business in the world because you never have to swing. You stand at the plate, the pitcher throws you General Motors at 47! U.S.…

'We will reject interesting opportunities rather than over-leverage our balance sheet.' - Berkshire Hathaway Owners Manual