"Any time a boy is ready to learn about guns is the time he’s ready, no matter how young he is, and you can’t start too young to learn how to be careful."

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A lot of people think if you just had more process and more compliance -- checks and doublechecks and so forth -- you could create a better result in the world. Well, Berkshire has had practically no process. We had hardly any internal auditing until they forced it on us. We just try to operate in a seamless web of deserved trust and be careful whom we trust.

— Charlie Munger