“We both (Charlie Munger and Warren Buffett) insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think.”

“I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.”

“Buffett found it 'extraordinary' that academics studied such things. They studied what was measurable, rather than what was meaningful. 'As a friend [Charlie Munger] said, to a man with a hammer, everything looks like a nail.”

“Buffett's uncommon urge to chronicle made him a unique character in American life, not only a great capitalist but the Great Explainer of American capitalism. He taught a generation how to think about business, and he showed that securities were not just tokens like the Monopoly flatiron, and that investing need not be a game of chance. It was also a logical, commonsensical enterprise, like the tangible businesses beneath. He stripped Wall Street of its mystery and rejoined it to Main Street -- a mythical or disappearing place, perhaps, but one that is comprehensible to the ordinary American.”

“It has been our experience that American houses insist on very comprehensive editing; that English houses as a rule require little or none and are inclined to go along with the author's script almost without query. The Canadian practice is just what you would expect--a middle-of-the-road course. We think the Americans edit too heavily and interfere with the author's rights. We think that the English publishers don't take enough editorial responsibility. Naturally, then, we consider our editing to be just about perfect. There's no doubt about it, we Canadians are a superior breed! (in a letter to author Margaret Laurence, dated May, 1960)”

“How...how are you doing, Jace?'Holding on. Just barely. Charlie?'Charlie's tone is almost conversational. 'Kind of getting the urge to kill both of you. Think I'm gonna head back.'Sure, okay, no problem.'Yeah, yeah, good idea. You do that.”