As I said in my State of the Union address ensuring the security of the United States and the safety of our people demands a smart, patient and disciplined approach to the world.
I think most importantly the reason we've been on the upswing is Ring of Honor has been very smart about the speed of its growth. ROH is not a company that says ok we're going to throw all this money in and let's just go for it. ROH has the business approach of slow but steady.
No company should depend on one person no matter how that person is smart or genius, whether it's Apple or News Corp, or Citibank or any other company in the world.
Today, about 40 percent of America's carbon pollution comes from our power plants. There are no federal limits to the amount those plants can pump into the air. None. We limit the amount of toxic chemicals like mercury, and sulfur, and arsenic in our air and water, but power plants can dump as much carbon pollution into our atmosphere as they want. It's not smart, it's not right, it's not safe, and I determined it needs to stop.
Infinite striving to be the best is man's duty; It is its own reward. Everything else is in god's hands. It's not that I'm so smart, it's just that I stay with problems longer.
We have to have better intelligence. We have to have better interdiction capabilities. And so the issue is not how much we spend or how hard we try; the issue is are we doing it the right way? Are we being smart about it?
If you do smart things and use leverage and do one wrong thing along the way, it could wipe you out, because anything times zero is zero. But it's reinforcing when the people around you are doing it successfully, you're doing it successfully, and it's a lot like Cinderella at the ball.
Charlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment became ever more compelling as Berkshire's capital mushroomed and the universe of investments that could significantly affect our results shrank dramatically. Therefore, we adopted a strategy that required our being smart and not too smart at that, only a very few times. Indeed, we now settle for one good idea a year.
I thought Brittany Packnett, who was one of the Ferguson activists, really interesting, smart young lady, really impressive - you might want to talk with her. So she was one of the organizers of the Ferguson movement, ended up joining our task force. She came in here and she just knew her stuff.
We are growing the economy in smart ways and rebuilding our infrastructure and investing in science and development and that we stay true to those values that helped to get us here.