Show me the incentive and I will show you the outcome. - Charlie Munger

However, both Warren and I are very good at changing our prior conclusions. We work at developing that facility because without it, disaster often comes.

The iron rule of nature is: you get what you reward for. If you want ants to come, you put sugar on the floor.

We both 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. So Warren and I do more reading and thinking and less doing than most people in business.