I've already written a section in the annual report for next year explaining why I think in one case that the figures on our balance sheet as calculated are wrong. But it's the standard way of doing it. It's holy writ. The SEC wants us to do it that way, and we'll do it that way, and I'll explain why I think it's wrong and shareholders can read it and see whether they agree with my logic or don't.
The language I have learnt these forty years, My native English, now I must forgo; And now my tongue's use is to me no more Than an unstringed viol or a harp, Or like a cunning instrument cased up Or, being open, put into his hands That knows no touch to tune the harmony.
Masterpieces are not single and solitary births; they are the outcome of many years of thinking in common, of thinking by the body of the people, so that the experience of the mass is behind the single voice.
Xenophanes states that the fire in Lipara once failed for sixteen years, but returned in the seventeenth year. They say that the lava-stream in Etna is neither flaming nor continuous, but returns only after an interval of many years.
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.
A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.
I've made money over the years by buying into good companies, run by good people, at attractive prices. And I don't try and make it out of buying into the market at one point and selling at another point.
Today I challenge our nation to commit to producing 100 percent of our electricity from renewable energy and truly clean carbon-free sources within 10 years.
I will never turn Medicare into a voucher. No American should ever have to spend their golden years at the mercy of insurance companies. They should retire with the care and dignity they have earned.
It's also wonderful to be back with my great friend and ally, Chancellor [Angela] Merkel. As I reflect back over the last eight years, I could not ask for a steadier or more reliable partner on the world stage, often through some very challenging times.