Be prepared Quote by Warren Buffett

The truth is that I've got all my net worth safely in Berkshire and I will never sell a share so there is no…

— 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

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

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

— Charlie Munger

Our future rates of gain will fall far short of those achieved in the past. Berkshire's capital base is now simply too large to…

— Warren Buffett

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

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

This is an amazingly sound place. We are more disaster-resistant than most other places. We haven't pushed it as hard as other people would…

— Charlie Munger

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

— Charlie Munger

I think the foundation at Berkshire [Buffett's stake in Berkshirewill pass to the Buffett Foundation upon his death] will be a plus because there…

— Charlie Munger

Stock prices relative to company assets are no better at signaling the likelihood of future earnings growth than they were the day the Titanic…

— Timothy Noah

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