Ajit Jain

“At the most extreme, you can think of Berkshire as being that... Berkshire is in a universe of its own, particularly in the way shareholders have regarded Berkshire and not asking for capital back.”

“He literally said, I wait around and wait for the phone to ring. People call me with the craziest propositions, the craziest risks that I can price and underwrite, and then I price risk. It sounded much more like Warren's job of waiting for fat pitches, as he would describe it.”

“The instructions I give them is whenever someone comes to you for any deal, always say no. Say no to every single thing presented to you. And then you'll see a deal that hits you in the head like a two by four and you can't believe the deal. That's when you bring it to me.”