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Letter "W" » Warren Buffett Quotes
«Mr. Buffett was not briefed on how the transactions were to be structured or on any improper use or purpose of the transactions.»
«I have known Arnold for years and know he'll be a great governor. It is critical to the rest of the nation that California's economic crisis be solved, and I think Arnold will get that job done.»
«Our favorite holding period is forever.»
«The 3 percent overall federal tax rate I would pay -- if a Berkshire dividend were to be tax free -- seems a bit light.»
«[The point seems to be that Buffett thinks the United States needs to take radical steps, and undergo some pain in the short run, to ensure the longer-term health of the economy.] Perhaps there are other solutions that make more sense than mine, ... However, wishful thinking -- and its usual companion, thumb sucking -- is not among them.»
«I stop [at Burger King] occasionally for a hamburger and that's as close as I've gotten.»
«Liquid resources and strong financial backing are scarce and valuable assets in today's telecommunications world. Level 3 has both.»
«After careful consideration, the board decided that a change in management is in the best interest of the company's shareholders.»
«If California has troubles, the country has troubles,»
«It was the ability to use the stock of Berkshire in a way that benefited the General Re shareholders without hurting the Berkshire shareholders,»

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