Done Quote by Walter Schloss

I’d say that Berkshire Hathaway’s system is adapting to the nature of the investment problem as it really is. We’ve really made the money…

— Charlie Munger

It doesn't take Warren Buffett to realize that when companies don't know what new rules will look like, it affects their ability to commit…

— John Sununu

Berkshireis not as good as it was in terms of percentage compounding [going forward], but it's still a hell of a business.

— Charlie Munger

I mean, in terms of alternatives, some people have suggested for example that why don't we - why isn't America doing what Berkshire Hathaway…

— Warren Buffett

“The modern Berkshire Hathaway that he had created churned out new beads for the rosary almost like a clockwork. Buffett’s hunt for things to…

— Alice Schroeder

Charlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment became ever…

— Warren Buffett

Berkshireis in the business of making easy predictions If a deal looks too hard, the partners simply shelve it.

— Charlie Munger

Berkshire's past record has been almost ridiculous. If Berkshirehad used even half the leverage of, say, Rupert Murdoch, it would be five times its…

— Charlie Munger

If you have the opportunities of Berkshire, an investment in gold is dumb.

— Charlie Munger

Berkshire's whole record has been achieved without paying one ounce of attention to the efficient market theory in its hard form. And not one…

— Charlie Munger

The Berkshire-style investors tend to be less diversified than other people. The academics have done a terrible disservice to intelligent investors by glorifying the…

— Charlie Munger

I'm proud to be associated with the value system at Berkshire Hathaway; I think you'll make more money in the end with good ethics…

— Charlie Munger