Remember that reputation and integrity are your most valuable assets — and can be lost in a heartbeat. - Charlie Munger

As Buffett and I say over and over again, we don’t leap 7-foot fences. Instead, we look for 1-foot fences with big rewards on the other side. So we’ve succeeded by making the world easy for ourselves, not by solving hard problems.

Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world

It takes character to sit there with all that cash and do nothing. I didn't get to where I am by going after mediocre opportunities.