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9 Takeaways From Buffett and Munger — Part 1
From Berkshire Hathaway’s 2022 Annual Meeting
At the end of April every year I get excited for the Berkshire Hathaway Annual Shareholders Meeting. No, I’m not a shareholder of either Berkshire Series A or B (Series A is a little above my budget), but the wisdom I gain from listening to Warren Buffett and Charlie Munger is invaluable.
And it’s not just stock market or financial market wisdom either. In their annual shareholders meeting every year, they talk about life. How to be successful. How to be a contributing member of society.
It is televised annually for the world to see. It should be required viewing for everyone, from high school to retirement.
In this article — the first of two parts — I will give my takeaways on what Buffett, Munger, and others discussed at the 2022 meeting. The shareholders meeting lasts for an entire day, with both a morning and afternoon session, so I thought it would be best to split up my takeaways in two posts to make sure I capture — in adequate detail — all of the key highlights from my perspective.
Here are my key takeaways from their morning session. When you’re finished reading, be sure to check out Part 2 here.