When God lets loose a great thinker on this planet, then all things are at risk. There is not a piece of science but its flank may be turned to-morrow; nor any literary reputation or the so-called eternal names of fame that many not be refused and condemned.
Was it hardness, was it selfishness, that she should ask me to risk my life for her own glorification? Such thoughts may come to middle age; but never to ardent three-and-twenty in the fever of his first love.
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.
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.