My decision to destroy the authority of the blacks in Saint Domingue (Haiti) is not so much based on considerations of commerce and money, as on the need to block for ever the march of the blacks in the world.
Collective wisdom is about our capacity to recognize interdependence and to make decisions demonstrating that we have a stake in each other, that we can indeed care for each other and the physical planet we share.
Investment in the eradication of hunger today is a good business decision. If we fail to make this investment, it is doubtful that we can sustain healthy economic growth. Without this investment, our nation may disintegrate into a country sharply divided between those who have enough to eat and those who do not.
From the beginning, I said that Israel, one, has a right to defend herself, but Israel ought to be cautious about how she defends herself. Israel's a democratically elected government. They make decisions on their own sovereignty. It's their decision-making that is what leads to the tactics they chose.
... but the important thing is that when you do find one where you really do know what you are doing, you must buy in quantity.... Charlie and I have made a dozen or so very big decisions relative to net worth, although not as big as they should have been. And in each of those, we've known that we were almost certain to be right going in.
When you know that somebody lost their loved one as a result of a decision that I made, that's a tough moment. If you're a faithful person you try to empathize with the suffering that that person is going through.
Willpower is not some mythical force that we either have or don't have. Willpower is our decision to use higher mind thinking instead of lazing around in the clutches of our primal mind.
Health care costs are on the rise because the consumers are not involved in the decision-making process. Most health care costs are covered by third parties. And therefore, the actual user of health care is not the purchaser of health care. And there's no market forces involved with health care.
It is obvious that the performance of a stock last year or last month is no reason, per se, to either own it or to not own it now. It is obvious that an inability to "get even" in a security that has declined is of no importance. It is obvious that the inner warm glow that results from having held a winner last year is of no importance in making a decision as to whether it belongs in an optimum portfolio this year.
One of the very difficult parts of the decision I made on the financial crisis was to use hardworking people's money to help prevent there to be a crisis.