About this time of the year, I post my annual recap of items discussed at the Berkshire Hathaway annual shareholders meeting. This year, instead of concentrating on topics, I'm going to concentrate on some of the more interesting / funny statments from either Warren Buffett or Charlie Munger:
On the choices of women:
If the choice is between two old rich men, choose the older man!
On getting advice from relatives:
A lot of people have terrible relatives.
On a town with no population growth:
Every time a girl got pregnant, some guy had to leave town!
On successful debating:
You should know the other person's argument better than he does.
On working in difficult businesses:
Somebody has to occupy the tough niches in the economy!
On competition:
Win fairly and lose wisely.
And finally, since the meeting was live-streamed for the first time ever this year, I'm going to link to that, and tell you to watch from the 2:42 to 2:55 mark, where Buffett gives a can't miss lesson about successful investing by minimizing expenses.
https://finance.yahoo.com/brklivestream/
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