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“The investment business has taught me – increasingly as the years have passed – that people, especially investors (and, I believe, Americans), prefer good news and wishful thinking to bad news; and that there are always vested interests to offer facile, optimistic alternatives to the bad news.”

“So here you are, in your twenties, thinking that you'll have another 40 years to go. Four decades in which to live long and prosper.Bad news. Read the papers. There are people dropping dead when they're 50, 40, 30 years old. Or quite possibly just after finishing their convocation. They would be very disappointed that they didn't meet their life expectancy.I'm here to tell you this. Forget about your life expectancy.”

“Bad news drives out good news. The irrational is more controversial than the rational. Concurrence can no longer compete with dissent. One minute of Eldridge Cleaver is worth ten minutes of Roy Wilkins. The labor crises settled at the negotiating table is nothing compared to the confrontation that results in a strike ... normality has become the nemesis of network news.”

“I have got this letter which actually goes out the day after I die. It has already been written. And it says that: "Yesterday I died". And then it says: "That's bad news for me, but it's not bad news for you, the shareholders of Berkshire". And then I go on and explain what is going to happen. I know that is one time when they will be really interested in hearing from me.”

“I was shocked when they told me congratulations, you won, that's the good news. Then the bad news is that you have six battles next week. That was a bit of a shocker. I was exhausted. And I had Chopped shooting that same week. I didn't have a sous chef lined up; I thought that was bad karma to try to think ahead. So I scrambled. I scrambled the jets, took off and we bombed our target. I think it's gone well.”

“This is really hard to do but I'd like to change the tone now and briefly mention today's terrible tragedy in France. Twelve people were killed because a satirical newspaper made jokes that some group found offensive. All of us are accustomed to bad news from around the world. But this story hits home for anybody who mocks anyone.”

“In such systems, there is unquestioning respect for authority. Faith trumps evidence. But if indeed this is broadly the explanation for how co-operative behaviour has evolved and been maintained in human societies, it could be very bad news. Because although such authoritarian systems seem to be good at preserving social coherence and an orderly society, they are, by the same token, not good at adapting to change.”

“In truth, it's usually failure, disappointment, and frustration that motivate people to reexamine that which they've taken for granted. It's rare to find big change without significant bad news. ... In that sense, the pain of failure creates the largest opportunities for progress.”

“What the rest of the world knows about Mexico is what they see on films and the bad news they see on TV. We need to make films that are worthy of who we really are as Mexicans. We also need to make cinema that reflects the diversity in the region, so that Americans and Europeans know who Mexicans are, who Salvadorians are, who Cubans are, etc. We need to do it, and all we really need is support because we have the talent.”