“The business schools reward difficult complex behavior more than simpl...” — Warren Buffett Quote

The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.

If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.

Only buy something that you'd be perfectly happy to hold if the market shut down for 10 years.

I think that both parties should declare the debt limit as a political weapon of mass destruction which can't be used. I mean, it is silly to have a country that has 237 years building up its reputation and then have people threaten to tear it down because they're not getting some other matter.

Companies that grow for the sake of growth or that expand into areas outside their core business strategy often stumble. On the other hand, companies that build scale for the benefit of their customers and shareholders more often succeed over time.

In the astronaut business - the shuttle is a very complicated vehicle; it's the most complicated flying machine ever built. And in the astronaut business, we have a saying, which is, 'There is no problem so bad that you can't make it worse.'

Our main business is not to see what lies dimly at a distance, but to do what lies clearly at hand.

We have grown used to money. The handling, the increase of it, is the chief business of life now with most of us.