We've protected thousands of people in Libya; we have not seen a single U.S. casualty; there's no risks of additional escalation. This operation is limited in time and in scope.
I believe that the general growth in large [financial] institutions have occurred in the context of an underlying structure of markets in which many of the larger risks are dramatically -- I should say, fully -- hedged.
[The poet] is endowed to speak for those who do not have the gift of language, or to see for those who - for whatever reasons - are less conscious of what they are living through. It is as though the risks of the poet's existence can be put to some use beyond her own survival.
At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will be my fault. It will not be because of the misjudgments made by a risk committee or chief risk officer.
Mark, therefore, the ordinary theory of practical religion, what it leads to. Charity is great, but the moment you say it is all, you run the risk of running into materialism. It is not religion. It is no better than atheism - a little less.
It's always necessary to know when a stage of one's life has ended. If you stubbornly cling to it after the need has passed, you lose the joy and meaning of the rest. And you risk being shaken to your senses by God.