My wife Kimora once told me while we were watching "The Texas Chainsaw Massacre" that it's a vegetarian movie because the way that the woman was screaming, "Aaaahhh," and trying to run away is how every animal you eat reacted at the slaughterhouse.

If one has been blessed or have been fortunate enough to have got much more than normal wealth, it is but natural that one expects a certain fiduciary responsibility in terms of how that wealth is applied, used and leveraged for purposes of society.

If you want good behavior, don't pay on a commission basis. Our judges aren't paid so much a case. We keep them pretty well isolated with a fixed salary. Judges in this whole thing have come out pretty well - there have been relatively few scandals.

You know, I think, people of all stripes in California, Republicans, Democrats, conservatives, liberals, frankly, as I have traveled the state, the number one issue is jobs. And they are looking for which candidate can get the economy back on track.

All developmental activities for the common man such as education, healthcare, shelter and food distribution should be handled by reputed private sector institutions. It should be a competitive market in order to prevent the formation of monopolies.

My worry about the New York Times is that it's got the only position as a national elitist general-interest paper. So the network news picks up its cues from the Times. And local papers do too. It has a huge influence. And we'd love to challenge it.

I ask everyone - white Hollywood and black Hollywood - to get outside of your comfort zone and make friends. That's where they're going to learn from each other, and that's where they're going to make better movies and make Hollywood a better place.

If hearing that the CEO of Apple is gay can help someone struggling to come to terms with who he or she is, or bring comfort to anyone who feels alone, or inspire people to insist on their equality, then it's worth the trade-off with my own privacy.

The pre-owned market allows us to reach customers who really want an Apple device but can't really reach that point. I think it is great for people, or otherwise, we wouldn't we doing it. If we were not proud of the product, we wouldn't be doing it.

I can't think of another enterprise other than being a homeowner that can't have its debt restructured in bankruptcy. Corporations can but a homeowner can't? Now with securitization the homeowner can't go to the owner of the loan and work things out.

It was very difficult. We don't advertise this much, but those years that we went through were hell. I don't want to overstate the situation, but everything was mortgaged to the hilt, cash was a real problem, and it did limit what we were able to do.

I think one could argue that there's more political input into the regulatory side, and on the regulatory side there seem to be fewer people with financial and banking experience - there are more lawyers, academics, economists, maybe politicians now.

A business leader has to keep their organization focused on the mission. That sounds easy, but it can be tremendously challenging in today's competitive and ever-changing business environment. A leader also has to motivate potential partners to join.

In college, I was always disappointed by lectures that covered social problems but failed to identify what I could do to change them. Part of the problem was that many professors simply didn't believe they had a role in converting awareness to action.

You'll better understand the evil when top audit firms started selling fraudulent tax shelters when I tell you that one told me that they're better [than the others] because they only sold [the schemes] to their top-20 clients, so no-one would notice.

We all know far too many stories where the third generation just destroys everything that the first two have built up, and I certainly hope my family are different because I've worked too hard and my father has worked too hard for it to be given away.

People say that globalisation has negative aspects, but I don't believe globalisation is bad. It's criticised from a western perspective, but if you put yourself in the shoes of people in the developing world, it provides an unprecedented opportunity.

The reason we avoid the word 'synergy' is because people generally claim more synergistic benefits than will come. Yes, it exists, but there are so many false promises.Berkshire is full of synergies - we don't avoid synergies, just claims of synergies.

The best way to make employees happy is to set realistic goals and achieve them. The big job is to make sure those small steps are pointing us in the right direction and demonstrate at the end of the year that they all add up to something pretty great.

The key is the Internet. The United States is by far the most advanced country in this new digital culture, so we have to be there. The Internet is the heart of this new civilization, and telecommunications are the nervous system, or circulatory system.

Economics is in many respects the queen of the soft sciences. It's expected to be better than the rest. It's my view that economics is better at the multi-disciplinary stuff than the rest of the soft science. And it's also my view that it's still lousy.

Fancy computers are engaging in legalized front-running. The profits are clearly coming from the rest of us - our college endowments and our pensions. Why is this legal? What the hell is the government thinking? It's like letting rats into a restaurant.

If any successes has come to me, it came because I insisted on thinking things through. That's all I was capable of doing in life, was thinking pretty hard about trying to get the right answer, and then acting on it. I never learned to do anything else.

There is always competition. Whatever you do, there will be competition, and you have to decide how you’re going to play. For me, I had to be the very best. I had to be the very best. Because, if I was not the very best, I would end up being number two.

I've been regulated my whole life. We have progressive taxes. It's not a free-market free-for-all. I completely understand that society has a perfectly legitimate right to put in structures and regulations and rules that make it fairer, better, cleaner.

Americans should understand that 50%, or something like, of the kids in inner-city schools, often poor and often minority, don't graduate. And the ones that do don't necessarily have the skills to get a job. That is the biggest disgrace in this country.

I have long been profoundly convinced that in the very nature of things, employers and employees are partners, not enemies; that their interests are common not opposed; that in the long run the success of each is dependent upon the success of the other.

The Internet has been the most fundamental change during my lifetime and for hundreds of years. Someone the other day said, "It's the biggest thing since Gutenberg," and then someone else said "No, it's the biggest thing since the invention of writing."

People should have values, so by extension, a company should. And one of the things you do is give back. So how do you give back? We give back through our work in the environment, in running the company on renewable energy. We give back in job creation.

I think the economic empowerment of women that has been growing over the past decade is at the 'inflection point' with this global recession. Women are, we believe, the solution for their families in their ability to go out and increase household income.

Opportunity cost is a huge filter in life. If you've got two suitors who are really eager to have you and one is way the hell better than the other, you do not have to spend much time with the other. And that's the way we filter out buying opportunities.

Quoting Demosthenes, 'For what each man wishes, that he also believes to be true.' I would rather make money playing a piano in a whorehouse than arguing that no cost is incurred when employees are paid in stock options instead of cash. I am not kidding.

If you were a corporation needing financial services, and I can give you something better, faster, and cheaper across 12 products as opposed to eight, that's business. I'm doing it because I'm serving you; I'm not doing it because I want to be universal.

When you take over a company like GE, you think you're going to visit 100 businesses. You're going to go see the factories you haven't seen before. You're going to see a site in Texas and one in Canada and stuff like that. That has fallen by the wayside.

The Arab spring that began in 2010 was driven by the educated youth who were connected to the outside world. They had visions of liberal politics derived from social networks. They used innovative means to spread awareness and to network among activists.

A lot of share-buying, not bargain-seeking, is designed to prop stock prices up. Thirty to 40 years ago, it was very profitable to look at companies that were aggressively buying their own shares. They were motivated simply to buy below what it was worth.

You know, I like to think that I will subscribe very much to the core Republican principles of small government. Making a small number of rules and getting out of the way. Keeping taxes low. Creating an environment for small businesses to grow and thrive.

No one wants to sell to just 12% of the population for the entire length of their careers. It creates a difficult and less-profitable environment. But Hollywood has lived with that limiting mantra, and only a few black stars have managed to break through.

With hacking getting more and more sophisticated, the hacking community has gone from the hobbyist in the basement to huge sophisticated companies that are essentially doing this, or groups of people or foreign agents inside and outside the United States.

We really think highly of the executives at SBC. And Microsoft is one of the great companies of the 21st century. It is in all of our best interests to work together. In this new wave of technology, you can't do it all yourself; you have to form alliances.

You need to have a passionate interest in why things are happening. That cast of mind, kept over long periods, gradually improves your ability to focus on reality. If you don't have the cast of mind, you're destined for failure even if you have a high I.Q.

My guilty pleasures are the websites where you can look at the fashions and see how different outfits will look. You can even take a picture of yourself and download it and play with the fashions! I love playing with these websites to see what I can learn.

I'm very close to thinking the United States shouldn't be in Basel any more. I would not have agreed to rules that are blatantly anti-American. Our regulators should go there and say, 'If it's not in the interests of the United States, we're not doing it.'

It is still harder all around for women to get funding in business and film. There are only a very small group of female unicorns who have the power to tell stories on film. We need to have the courage to push back... all the effort is the work of bravery.

America is living through the third economic revolution and our country doesn't really have a plan on how to deal with it, and when it does - like the president sort of outlined when he first got here - we have a Congress who seem incapable of acting on it.

If you're blindly loyal to me, then you're just acting like a crony of mine. If you say you admire me because of the principles for which I stand, I understand that, but then you also have the right to call me to the carpet when you think I'm falling short.

They say a picture is worth a thousand words. In the nonprofit world, the right picture is worth tens of thousands of dollars. I use PhotoPad to sync our Samasource Flickr account to my iPad and slip it out of my purse at cocktail parties to tell our story.

BlogHer is an incredibly important conference because it really taps into the power of women. It gives women an ability to do what they do - take care of the home, go to work - and, at the same time, spread their power through the power of the digital world.

Part of [Japanese companies] growing and expanding around the world is ... going to help the Japanese keep their lifestyles [despite Japan's] demographics, as a declining population, and [to] make it more conducive to women to go to work, I think, is a plus.

For my father, life was uni-dimensional. Reliance was his life. Yet, some of my most vivid memories are about spending time with him. However busy he may have been, whatever the pressure, Sunday was for his wife and kids. I try to do the same with my family.

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