May 7, 2023
I went to the Berkshire Hathaway Shareholder’s Meeting in Omaha. It was my first time seeing Warren Buffett in person.
Here are some of the most memorable things he said.
‘We are so privileged to be Americans. If I could pick any time and any place to be born in history, it’d be today in America.’
‘I was reading the 1932 Ford Earnings Report the other day…’
He said something like this at least 10x. The man reads incessantly.
‘AI is going to change a lot of things. It won’t change the way humans behave.’
He compared AI to the atom bomb in that it can’t be un-invented, but he is (mostly) optimistic about the future.
‘There’s nothing like working for yourself. If you can’t do that, working at Berkshire isn’t a bad option.’
The man LOVES his work. Thinks retiring would be the worst thing that could happen to him.
‘We never look at where people went to college. It doesn’t tell us anything useful.’
Conclusion
I was BLOWN AWAY by Buffett’s ability to answer questions about everything — from railroads, to inflation, to a deal from 1966.
He’s like an oracle, and after 7 hours of talking, the stadium was still ~90% full.