Buffett & Munger

Lessons from the Masters of Value Investing

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Warren Buffett and Charlie Munger

Meeting Notes from Berkshire Hathaway 2008 Annual Shareholder Meeting with Warren Buffett and Charlie Munger

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EO Nebraska hosted us for a fabulous weekend which culminated in the Berkshire Hathaway Annual meeting-widely known as "Woodstock for Capitalists."   The highlight of the meeting for me was Chairman Warren Buffett and Vice-Chairman Charlie Munger answering questions for over five hours with the Board of Directors (including Bill Gates) and Berkshire Hathaway managers and over 30,000 shareholders and fans watching.  I was impressed by their patience and grace in openly and intelligently answering questions from the crowd-it is far harder to come up with an intelligent and instructive answer to a dumb question than an intelligent one.  Mr. Buffett managed to make the answers to even the silliest questions instructive.

Following are a few notes that I took during the meeting.

Last Updated on Sunday, 02 November 2008 10:16

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