Cases like Power Traders Press are just as important as cases like Mobile TeleSystems. In my view, our best cases are those that yield tangible results for everyday people.
The institutions are working better now, the banks are much more functional. At this time, 1997, there were no mobile phones! It's a whole different thing now with mobile phones: technology has created a form of regulation, because people can actually talk to each other a lot more.
We think of them as mobile phones, but the personal computer, mobile phone and the Internet are merging into some new medium like the personal computer in the 1980s or the Internet in the 1990s.
There was once this viral photo of the Pope doing his Pope-mobile parade, and everyone had their phones up. But there was this one old woman looking over the fence so beautifully at him. She was totally in the moment. For me, then, I think there shouldn't be any phones at a Pope-mobile situation - or at a Beyonce concert.
Many students don't really like it (fashion). If they don't like it, they won't be able to tell you who the stylists are or the photographers. If they say they can't remember the names but they recognize the work, I'll say that's bullshit because if you were selling mobile phones, you'd know all about the phones' features and tariffs.
It used to be that we imagined that our mobile phones would be for us to talk to each other. Now, our mobile phones are there to talk to us.
Celtel established a mobile phone network in Africa at a time when investors told me that there was no market for mobile phones there.
The mobile business in particular is something we must take seriously. I see tremendous prospects for all those transactions that can be handled on mobile phones.
If you believe that the mobile phone is the next supercomputer, which I do, you can imagine a datacenter that is modeled after, literally, hundreds or thousands or millions of mobile phones. They won't have screens on them, but there'll be millions of lightweight mobile-phone processors in the datacenter.
Anyway, yes, telephones but not mobile phones, fish and chips still wrapped in actual newspaper and still with some kind of flavour, people visiting each other without having to consult their appointment diaries, not being able to record anything from the television; if you missed it you missed it - these were all the kinds of thing that made up the normality of the seventies.
I know some bands that are precious about their new ideas. They're conscious of the fact that people can - even from mobile phones - begin to get clearer and better recordings of the songs... so they're a lot more hesitant to play them.
A good example of the modern world is the Eurotunnel. And mobile phones - I like them.
The government can spy on people using their mobile phones while they're with their wives and husbands.
People that are that good at motivating and inspiring are rare. In many cases, you wish it was parents, and in many cases it is, but in a lot of cases it happens outside the family as well - or, in some cases, only.
I was MCing in the playground, spitting lyrics over mobile phones - Sony Ericsson, Walkmans, W810s, the Teardrop Nokia phones, all of that. Vital equipment! I never even had a DJ set where a DJ's playing vinyl, and I'm spitting.
I’d say that Berkshire Hathaway’s system is adapting to the nature of the investment problem as it really is. We’ve really made the money out of high quality businesses. In some cases, we bought the whole business. And in some cases, we just bought a big block of stock. But when you analyze what happened, the big money’s been made in the high quality businesses. And most of the other people who’ve made a lot of money have done so in high quality businesses.