Hey, I recently caught a part of Warren Buffettâs speech at the 2024 Berkshire Hathaway Shareholders Meeting that really struck a chord with me, so I thought Iâd share it with you all:
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Shareholder Question (Sebastian Sartor, Munich, Germany):
âGood morning! I'm Sebastian Sartor from Munich, Germany. Berkshire is highly respected back home. So, quick questionâwhoâs your go-to advisor these days? Is it Ted and Todd? Greg and Ajit? Or maybe your wife or kids? What qualities do you admire in them? Thanks!â
Warren Buffett:
âWell, that dependsâare we talking money or something else? (Laughter)
I totally trust my wife and kids, but that doesnât mean I go asking them which stock to buy. (Laughter)
My daughterâs tuned into local mattersâif she tells me who to vote for, I go with it. My wife gives me advice on all kinds of stuffâwonât get into the specifics. (Laughter)
Look, if you go through life without surrounding yourself with people you trust, itâs not going to be much fun. Iâve been lucky to have trustworthy folks around me since my twenties. Sure, sometimes you mess up and let the wrong person inâbut time has a way of weeding them out. Thatâs something life teaches you.
Take Charlieâafter I met him, I realized I had someone who'd never lie, who saw honesty as everything. When you find someone like that, you hang onto themâand the rest just fades into the background. (Applause)â