"I will say this: I know no wise person who doesn't read a lot. I suspect that you can read on the co..." — Charlie Munger

Economics profession, they've been - they've been confident in various formulas, but economics is not physics. The same formula that works in one decade doesn't work in the next. Economics is a difficult subject.

It's a real pleasure to earn the trust of your customers slowly over time by doing what's right.

The perfect example of Darwinism is what technology has done to businesses.

Look at this generation, with all of its electronic devices and multitasking. I will confidently predict less success than Warren, who just focused on reading.