Quotes About Trust

Derivatives are like sex. It's not who we're sleeping with, it's who they're sleeping with that's the problem.

If you can't tell whose side someone is on, they are not on yours.

It takes twenty years to build a reputation and five minutes to ruin it.

Don't ask the barber whether you need a haircut.)

It takes 20 years to build a reputation and 5 minutes to ruin it.

In our book, alignment means being a partner in both directions, not just on the upside. Many "alignment" plans flunk this basic test, being artful forms of "heads I win, tails you lose.

At Berkshire, full reporting means giving you the information that we would wish you to give to us if our positions were reversed.

Some time ago Ken Galbraith, in his witty and insightful The Great Crash, coined a new economic term: "the bezzle," defined as the current amount of undiscovered embezzlement. This financial creature has a magical quality: The embezzlers are richer by the amount of the bezzle, while the embezzlees do not yet feel poorer.

Our goal will be to acquire either part or all of businesses that we believe we understand, that have good, sustainable underlying economics, and that are run by managers whom we like, admire and trust.

Our aversion to leverage has dampened our returns over the years. But Charlie and I sleep well. Both of us believe it is insane to risk what you have and need in order to obtain what you don't need. We held this view 50 years ago when we each ran an investment partnership, funded by a few friends and relatives who trusted us. We also hold it today after a million or so "partners" have joined us at Berkshire.

Reliance Insurance and Home Insurance were run into the ground, for example, their promises proved to be worthless.

Good behavior by each party begets good behavior in return.

If our noneconomic values were to be lost, much of Berkshire's economic value would collapse as well. "Tone at the top" will be key to maintaining Berkshire's special culture.

We do not follow the common practice of talking one-on-one with large institutional investors or analysts, treating them instead as we do all other shareholders. There is no one more important to us than the shareholder of limited means who trusts us with a substantial portion of his or her savings. As I run the company day-to-day — and as I write this letter — that is the shareholder whose image is in my mind.

Tallow walked into Bat and Scarly's office to find Bat slumped on a chair with his head on the workbench, turned away from the door, while Scarly softly sharpened on old straight razor on a worn strop, watching her partner intently. I don't think he needs his eyebrows, do you? I mean, they don't serve an immediate function or anything, she whispered.

Yeah, trust the fuckhead.

I know nothing about you except that I want to move through the world with you for as long as you'll let me.

People. You're not crazy if there really are robot insects listening to every word you say. Someone said, I fucking told you

Create your Gods and they will watch over you!

I'm nuts about him, i've told him everything there is to tell about me, and he spends every night balls deep in me and it's GREAT, and i love him, and I look down at him when we're fucking...and it's like looking in an empty house.

There is nothing stereotyped about God's dealings with His children. Therefore, we must not by our prejudices and preconceptions make watertight compartments for the working out His Spirit, either in our own lives or in the lives of others. We must leave God free to work as He wills and to leave what evidence He pleases of the work He does.

Bible-reading and prayer are not wrong, and God forbid that we should suggest that they are. But it is wrong to trust even in them for victory. Our help is in Him who is the object of that reading and prayer. Our trust must be in Christ alone.

We all have the same Christ dwelling within, but revelation of some new need will lead us spontaneously to trust Him to live out His life in in that particular.

It is not a matter of how many loaves we have in our hands, but whether or not God has blessed them.