The Wizard of Omaha & King Munger - Business & Life Lessons

All of the information you need to succeed in what you want to do is out there, it's just a matter of being resourceful and taking action. 

Did you know that for the low entry pass price of $5 and a plane ticket to Omaha, Nebraska, you can hear directly from the former most wealthy person in the world, Warren Buffett (92), and his partner, Charlie Munger (99), who run Berkshire Hathaway and are considered two of the best investors of all time? 

For me, a finance major and ex-wall street investment banker, the 6 hour trek from Jacksonville, Florida to the 2023 Berkshire Hathaway Annual Shareholder Meeting was well worth the investment to hear these two share their wisdom about the economy, life, family, relationships, and politics.

Yes, you can watch these two old farts giggle and make jokes online, here, as the event is recorded online, but there is really something special about being in-person to really feel what they're saying. 

Instead of watching the 6 hours of Q&A sessions, if you'd like to read the lessons I'm taking away from the event, keep following.

Before we hop into the lessons, what is so surprising to me is how accessible this very valuable knowledge is to the entire world. These two are leaving it all on the table. And that makes me think: all the information out there is available for you to succeed in what you want to do, it is a matter of being resourceful and taking action. What is missing is people taking action on the knowledge that is gained and shared. 

As Munger says, human nature is still human nature (even with the advent of A.I. technologies), which is part of the reason Buffett and Munger downplay the doomsday scenarios from the advancement in A.I. Even with more information and better information, humans are still going to do stupid things, and there will be good inviestment opportunities. 

"People are still going to do stupid things even if they have more information" - Munger

So here we go!