All over the world there are enormous numbers of smart, even gifted, people who harbor a passion for science. But that passion is unrequited. Surveys suggest that some 95% of Americans are "scientifically illiterate." That's...the same fraction...of slaves who were illiterate before the Civil War.
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?
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.
You have your whole life ahead of you. Be smart. Study hard and be independent. I'm afraid the chances of your getting a dowry are slim. You must rely on yourself. No matter what else people may steal from you, they will never be able to take away your knowledge. The world is changing. You must make your own life outside this home.
Knowing a great deal is not the same as being smart; intelligence is not information alone but also judgement, the manner in which information is coordinated and used.
If we think that we can secure our country by just talking tough without acting tough and smart, then we will misunderstand this moment and miss its opportunities. If we think that we can use the same partisan playbook where we just challenge our opponent's patriotism to win an election, then the American people will lose. The times are too serious for this kind of politics.
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.
In Florida I was illiterate, Boxing Authority didn't want me, then they had a special psychiatrist to come to Kentucky, they checked and they didn't want me. But as soon as my name was Mohammed Ali, as soon as I announced I was a Muslim, then all of a sudden I became smart.
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.
A distinguished man should be as particular about his last words as he is about his last breath. He should write them out on a slip of paper and take the judgment of his friends on them. He should never leave such a thing to the last hour of his life, and trust to an intellectual spurt at the last moment to enable him to say something smart with his latest gasp and launch into eternity with grandeur.
Most people who meet my wife quickly conclude that she is remarkable. They are right about this. She is smart, funny and thoroughly charming... Often, after hearing her speak at some function or working with her on a project, people will approach me and say something to the effect of "You know, I think the world of you, Barack, but your wife... wow!"
When you have success on the field, you're more popular and you have that fame that comes with it. You realize you're in the public eye more and you've got to be a little bit more careful about some of the things you're doing out in public and make sure you're smart about the things you say. You're still going to make mistakes from time to time, but you represent an even greater population and people are that much more looking for you to be in the wrong place at the wrong time or fall down or say something really stupid that's going to get you in trouble.