“If something is too hard, we move on to something else. What could be simpler than that?”

“Knowing what you don't know is more useful than being brilliant.”

Captures his oft-repeated stance on the limits of competence; widely cited, exact occasion not pinned to one recording.

“We have three baskets for investing: yes, no, and too tough to understand.”

Frequently quoted from the Berkshire and Wesco meetings; wording varies.

“One skill is knowing the edge of your own competency. It's not a competency if you don't know the edge of it. And Warren and I are better at tuning out the standard stupidities. We've left a lot of more talented and diligent people in the dust, just by working hard at eliminating standard error.”

“Whatever you think you know about technology, I think I know less.”