Remain strong in your faith, as you were in former years. In this faith, in its close-knit unity our people to-day goes straight forward on its way and no power on earth will avail to stop it.
But at sixteen the conscience rarely gnaws So much, as when we call our old debts in At sixty years, and draw the accounts of evil, And find a deuced balance with the devil.
The way to develop inner peace through meditation begins with the recognition that the destroyer of inner peace is not some external foe, but is within us. Therefore, the solution is within us too. However, that inner change does not take place immediately in the way that we switch on a light, but takes weeks, months and years.
Over the years, Charlie [Munger, Berkshire Hathaway Vice Chairman] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have been punished; many have not even been censured. It has been far safer to steal large sums with pen than small sums with a gun.
In 2002, a lot of the pundits didn't get the off-year elections right. In 2004, a lot of people thought I was going down eight days before the election.
The results of life are uncalculated and uncalculable. The years teach much which the days never know. The persons who compose our company, converse, and come and go, and design and execute many things, and somewhat comes of it all, but an unlooked for result. The individual is always mistaken. He designed many things, and drew in other persons as coadjutors, quarrelled with some or all, blundered much, and something is done; all are a little advanced, but the individual is always mistaken. It turns out somewhat new, and very unlike what he promised himself.
The strange thing about life is that though the nature of it must have been apparent to every one for hundreds of years, no one has left any adequate account of it.
I want to leave an album behind that is classic, that people in 50 years will refer to and pass on to their children. An album that you never bored of.
I've watched politics for years. Republicans rarely get credit for the good things that happen in the economy during their watch. Democrats always get more credit than they deserve. They are just better at political discourse that we are.
This year has begun hopefully for right thinkers. After all these centuries of feudal barbarism and political slavery, it is surprising to see how the word of 'liberty' sets minds on fire.
We want to use cash. The reason we haven't used our cash two years ago, we just didn't find things that were that attractive. But when people talk about cash being king, it's not king if it just sits there and never does anything. There are times when cash buys more than other times, and this is one of the other times when it buys a fair amount more, so we use it.