We were fortunate to receive donations from some of the best investors and entrepreneurs in the world, which we take seriously.

Despite facing criticism, Warren Buffett's approach allowed him to make billions for many people, even those he didn't know, and he doesn't regret his choices.

Our solid middle-class backgrounds helped Warren and me, as we could learn from our fathers' successes and failures without the pressures of high society.

Having a good reputation is incredibly helpful in life, as demonstrated when key decisions were influenced by trust in Warren.

Warren had a passion for competitive success from a young age, which, combined with his high IQ and energy, gave him a significant advantage in investing.

Warren made significant profits by following Benjamin Graham's advice to buy very cheap stocks, regardless of the company's quality, but he knew this strategy was self-limiting. Getting into great businesses that either have a great manager or can prosper even under poor management is crucial.

Warren has a history of buying stocks below their working capital per share, which often meant investing in companies that were not performing well.

Warren and I both wanted to buy good companies at cheap prices, which became essential when we started acquiring entire companies.

Warren's investment strategy involved thorough research, as demonstrated when he bought American Express after the salad oil scandal, believing it was a minor setback.