Look For Companies With High Profit Margins.

If You Don't Make Mistakes You Can't Make Decisions.

Managers That Always Promise To 'make The Numbers' Will At Some Point Be Tempted To Make Up The Numbers.

It Is To Our Advantage To Have Securities Do Nothing Price-wise For Months, Or Perhaps Years, While We Are Buying Them.

When Berkshire Buys Common Stock, We Approach The Transaction As If We Were Buying Into A Private Business.

I Don't Want To Be On The Other Side Of The Table From The Customer. I Was Never Selling Anything That I Didn't Believe In Myself Or Use Myself.