I bought a company in the mid-90s called Dexter Shoe and paid $400 million for it. And it went to zero. And I gave about $400 million worth of Berkshire stock, which is probably now worth $400 billion. But I've made lots of dumb decisions. That's part of the game.
It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation or pays no income tax during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leaves her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 100 percent income tax but doesn't seem to notice that 5 percent inflation is the economic equivalent.
I know that I have still before me a difficult path to traverse. I must reduce myself to zero. So long as a man does not of his own free will put himself last among his fellow creatures, there is no salvation for him. Ahimsa is the farthest limit of humility.
Philosophy, astronomy, and politics were marked at zero, I remember. Botany variable, geology profound as regards the mud stains from any region within fifty miles of town, chemistry eccentric, anatomy unsystematic, sensational literature and crime records unique, violin player, boxer, swordsman, lawyer, and self-poisoner by cocaine and tobacco.
How on earth can otherwise sensible people get so involved in a football game? You could measure the lasting impact on the lives of the people who played it at just about zero.
You cannot take away one atom of matter or one foot-pound of force. You cannot add to the universe one atom of matter or one foot-pound of force. As such, evolution does not come out of zero; then, where does it come from? From previous involution.
Have faith in Guru, in his teachings, and in the surety that you can get free. Think day and night that this universe is zero, only God is. Have intense desire to get free.
Pray tell us, what's your favorite number?"... "Shiva jumped up to the board, uninvited, and wrote 10,213,223"... "And pray, why would this number interest us?" "It is the only number that describes itself when you read it, 'One zero, two ones, three twos, two threes'.
We know what happens when Europeans start dividing themselves up and emphasizing their differences and seeing a competition between various countries in a zero sum way.
I have zero desire, just so you know, to be in the limelight. I don't think it's good for the country to have a former president criticize his successor. You're not going to see me giving my opinions in the public arena, until I start selling my book. I'm going to emerge then submerge.
Do you realize we've got 250 million years of coal? But coal has got environmental hazards to it, but there's-I'm convinced, and I know that we-technology can be developed so we can have zero-emissions coal-fired electricity plants.
I'm asking Congress to pass my Zero Down Payment Initiative. We should remove the 3 percent down payment rule for first time home buyers with FHA-insured mortgages.
I have zero desire, just so you know, to be in the limelight. I don't think it's good for the country to have a former president criticize his successor. You're not going to see me giving my opinions in the public arena, until I start selling my book. I'm going to emerge then submerge.
It is always for greater joy that you give up the lesser. This is practical religion-the attainment of freedom, renunciation. Renounce the lower so that you may get the higher. Renounce! Renounce! Sacrifice! Give up! Not for zero. Not for nothing. But to get the higher.