If You Have A Harem Of 40

No Matter How Great The Talent Or Efforts, Some Things Just Take Time.

Our Future Rates Of Gain Will Fall Far Short Of Those Achieved In The Past. Berkshire's Capital Base Is Now Simply Too Large To Allow Us To Earn Truly Outsized Returns. If You Believe Otherwise, You Should Consider A Career In Sales But Avoid One In Mathematics.

There's Always A Mismatch. I Mean, You Know, As The Economy Evolves, It Reallocates Resources. Now, The Real Problem, In My View, Is - This Has Been - The Prosperity Has Been Unbelievable For The Extremely Rich People. If You Go To 1982, When Forbes Put On Their First 400 List, Those People Had $93 Billion. They Now They Have $2.4 Trillion, 25 For One. That Is - This Has Been A Prosperity That's Been Disproportionately Rewarding To The People On Top.

“You Don’t Need To Be A Rocket Scientist. Investing Is Not A Game Where The Guy With The 160 IQ Beats The Guy With 130 IQ.”

Gold Has Two Significant Shortcomings, Being Neither Of Much Use Nor Procreative.