I don't think I could ever stop being a game designer, that's just where my brain is going to be at until I'm in the coffin.
People think that writing is writing, but actually writing is editing. Otherwise, you're just taking notes
My neighborhood was a great neighborhood; it was filled with all sorts of ethnic groups and things. So I grew up thinking I was a human being.
I think there's a lot of different things that factor into playing good defense, and you just can't say, "All right, if we just hold on to the ball long enough, we're going to play good defense."
There's a lot [of coaches], and I think in this profession, none of us invented this game, we got it from someone else, and if there's an idea, there's probably never been an original idea in football.
I am concerned that Millennials are stressed out. They have a higher suicide rate than other generations at their same age. They have the highest diagnosis of depression at their age than other generations. I think we have raised a generation that does not know how to be sad. They are programmed for success and the threat of failure is devastating.
When I think of the standing, the importance and the erudition of all these people who see nothing about racism in Heart of Darkness, I'm convinced that we must really be living in different worlds.
I didn't want to be apologetic about my love story, and I think to be willing to write about love you have to be willing to sound foolish. I wanted to write about foolish and goofy love and different relationships. I wanted to write about interracial relationships in a way that does not pretend as if race does not exist.
You know, I think when people are in important positions in big organizations, they often get tied up with the minutia of managing money, managing things. They often forget that people deserve to be led.
It's funny what they say about men in uniform - how people think women just can't resist 'em. Fact is, I think we're just pleased to see a man groomed, bathed, and wearing clothes that fit him.
I want to be really special, I want to be really good. It's not enough to be famous for me. Famous is empty so quickly, it's not what people think it is. It's wonderful, but if you're famous and you feel that you're an artist inside and everyone thinks you're just a celebrity, it's really painful.
I think it's actually kind of sweet how there is a reciprocal effect that our stories can have on each other.
There's an instant access to luxury that I think women really appreciate.
I have a problem with cabinets being messy and people just shoving things in and closing the door. I will lie in bed and not be able to sleep because I'll say to myself: 'I think I saw something in that cabinet that just shouldn't be there.'
Is anyone really surprised that Warren, who is the ultimate embodiment of concentrated decision-making power, picked somebody [Bill and Melinda Gates] who he thinks is like him in many important ways? It was a noble and sensible decision.
I think the foundation at Berkshire [Buffett's stake in Berkshirewill pass to the Buffett Foundation upon his death] will be a plus because there will be a continuation of the culture. We'd still take in fine businesses run by people who love them.
Our standard prescription for the know-nothing investor with a long-term time horizon is a no-load index fund. I think that works better than relying on your stock broker. The people who are telling you to do something else are all being paid by commissions or fees. The result is that while index fund investing is becoming more and more popular, by and large it's not the individual investors that are doing it. It's the institutions.
I think liberal art faculties at major universities have views that are not very sound, at least on public policy issues - they may know a lot of French however.
You'll find many markets where bottlers of Pepsi and Coke both make a lot of money and many others where they destroy most of the profitability of the two franchises. That must get down to the peculiarities of individual adjustment to market capitalism. I think you 'd have to know the people involved to fully understand what was happening.
I'm proud to be associated with the value system at Berkshire Hathaway; I think you'll make more money in the end with good ethics than bad.
When I run into a paradox I think either I'm a total horse's ass to have gotten to this point, or I'm fruitfully near the edge of my discipline. It adds excitement to life to wonder which it is.
Like the stocks of both Berkshire and Wesco to trade within hailing distance of what we think of as intrinsic value. When it runs up, we try to talk it down. That's not at all common in Corporate America, but that's the way we act.
And your brain doesn't naturally know how to think the way Zeckhauser knows how to play bridge. "for example," people do not react symmetrically to loss and gain. Well maybe a great bridge player like Zeckhauser does, but that's a trained response. Ordinary people, subconsciously affected by their inborn tendencies.
Black-Scholes works for short-term options, but if it's a long-term option and you think you know something [about the underlying asset], it's insane to use Black-Scholes.
The Berkshire-style investors tend to be less diversified than other people. The academics have done a terrible disservice to intelligent investors by glorifying the idea of diversification. Because I just think the whole concept is literally almost insane. It emphasizes feeling good about not having your investment results depart very much from average investment results. But why would you get on the bandwagon like that if somebody didn't make you with a whip and a gun?
