Nobody who has ever been on a falling elevator and survived ever approaches such a conveyance without a fundamentally reduced degree of confidence....

Money, which represents the prose of life, and is hardly spoken of in parlors without apology, is, in its effects and laws, as beautiful as roses.

Good jockeys will do well on good horses, but not on broken-down nags. Both Berkshire's textile business and Hochschild Kohn had able and honest...

Money is like love; it kills slowly and painfully the one who withholds it, and enlivens the other who turns it on his fellow man.

In judging whether managers should retain earnings, shareholders should not simply compare total incremental earnings in recent years to total...

Think about innovation as an easter egg hunt. Opportunities are more likely to lie outside the boundaries of where others typically explore, because...

In the search for companies to acquire, we adopt the same attitude one might find appropriate in looking for a spouse: it pays to be active,...

Outsourcing will continue to grow in popularity over the long term. As transaction costs approach (but never reach) zero, every entity benefits by...

Over the years, we had the option of making large capital expenditures in the textile operation that would have allowed us to somewhat reduce variable...

Stock options are inevitably tied to the overall performance of a corporation. Logically, therefore, they should be awarded only to those managers...