Book Quote by Warren Buffett

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

— Charlie Munger

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

There are no absolutes in this world, and there will always be mistakes that are made within brokerage firms; there will always be people…

— Mary Schapiro

When Berkshire buys common stock, we approach the transaction as if we were buying into a private business.

— Warren Buffett

I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year…

— Warren Buffett

One of the smartest things a person can do is dampen investment expectations, especially with Berkshire. That would be mature and responsible. I like…

— Charlie Munger

The use of a growing array of derivatives and the related application of more-sophisticated approaches to measuring and managing risk are key factors underpinning…

— Alan Greenspan

What I think about derivatives is if every institution that owns or trades them is properly margined and marked to market, including end-users, including…

— Paul Singer

People far too often associate derivatives markets with mere speculation, but there are very legitimate businesses that need derivatives to protect themselves against risk.

— Fred Ehrsam

Experts said public companies worry about the loss of customer confidence and the legal liability to shareholders or security vendors when they report flaws.

— Barton Gellman

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

You can take this as a gentle word of warning, if you like. We are just at the beginning of a period of more…

— Neelie Kroes