We who are living in the west today are fortunate. Freedom has been bequeathed to us. We have not had to carve it out of nothing; we have not had to pay for it with our lives. But it would be a grave mistake to think that freedom requires nothing of us. Each of us has to earn freedom anew in order to possess it. We do so not just for our own sake, but for the sake of our children, so that they may build a better future that will sustain over the world the responsibilities and blessings of freedom.
Some people automatically associate morality and altruism with a religious vision of the world. But I believe it is a mistake to think that morality is an attribute only of religion. We can imagine two types of spirituality: one tied to religion, while the other arises spontaneously in the human heart as an expression of love for our neighbors and a desire to do them good.
Why are women always the ones who have to forgive? If you cheated on a man, he would be like, ‘You’re disgusting, and I want nothing to do with you.’ But women, we’re supposed to be like, ‘He messed up. He made a mistake.’
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.
It has therewith come to be recognized that the history of moral valuations is at the same time the history of an error, the error of responsibility, which is based upon the error of the freedom of will.
The main qualities that had earned him this universal respect in the service were, first, an extreme indulgence towards people, based on his awareness of his own shortcomings; second, a perfect liberalism, not the sort he read about in the newspapers, but the sort he had in his blood, which made him treat all people, whatever their rank or status, in a perfectly equal and identical way; and, third - most important - a perfect indifference to the business he was occupied with, owing to which he never got carried away and never made mistakes.
To put yourself into a situation where a mistake cannot necessarily be recouped, where the life you lose may be your own, clears the head wonderfully. It puts domestic problems back into proportion and adds an element of seriousness to your drab, routine life. Perhaps this is one reason why climbing has become increasingly hard as society has become increasingly, disproportionately, coddling.
It is graceful in a man to think and to speak with propriety, to act with deliberation, and in every occurrence of life to find out and persevere in the truth. On the other hand, to be imposed upon, to mistake, to falter, and to be deceived, is as ungraceful as to rave or to be insane.
But race is an issue that I believe this nation cannot afford to ignore right now. We would be making the same mistake that Reverend Wright made in his offending sermons about America - to simplify and stereotype and amplify the negative to the point that it distorts reality.
If the gentleman is not serious, he will not be respected, and his learning will not be on a firm foundation. He considers loyalty and faithfulness to be fundamental, has no friends who are not like him, and when he has made mistakes, he is not afraid of correcting them.
I've said many times around the world that like any government, like any country, like, any set of human institutions, we have our flaws. We've operated imperfectly. There are times we've made mistakes.
What we can do is to live out our lives as best we can with purpose, and love, and joy. We can use each day to show those who are closest to us how much we care about them, and treat others with the kindness and respect that we wish for ourselves. We can learn from our mistakes and grow from our failures. And we can strive at all costs to make a better world.