Founders
Episode 380 #380: Four Hundred Pages of Warren Buffett and Charlie Munger In Their Own Words
Founders

Episode 380: #380: Four Hundred Pages of Warren Buffett and Charlie Munger In Their Own Words

Founders

Episode 380

#380: Four Hundred Pages of Warren Buffett and Charlie Munger In Their Own Words

David Senra is the host of Founders, where he studies history's greatest entrepreneurs. This is what he learned from reading Buffett and Munger Unscripted: Three Decades of Investment and Business Insights from the Berkshire Hathaway Shareholder Meetings by Alex Morris.

For over 30 years the Berkshire Hathaway Annual meetings were recorded. Munger and Buffett answered over 1700 questions from shareholders during that period. Alex Morris watched hundreds of hours of these meetings and then he gathered, organized, and edited the most interesting ideas into 450+ pages — all in Buffett and Munger's own words.  I thought it would be fun to rip through a bunch of Munger and Buffett's best ideas very rapidly. It was.

This episode is what I learned from reading Buffett and Munger Unscripted: Three Decades of Investment and Business Insights from the Berkshire Hathaway Shareholder Meetings by Alex Morris.

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#380: Four Hundred Pages of Warren Buffett and Charlie Munger In Their Own Words

Introduction

David
So the book that I want to talk to you about today is "Buffett and Munger Unscripted: Three Decades of Investment in Business Insights from the Berkshire Hathaway Annual Shareholder Meetings." It was selected and arranged by Alex Morris and Alex was kind enough to send me a copy before the book was released. He had a really smart idea. Since I think 1994, all of the Berkshire meetings or Berkshire meetings have been broadcast. They've been recorded and broadcast so anybody can watch them.

So he went through like 30 years, watched every single meeting, took copious amounts of notes. And then what he created for you and I, really, the way I think about this is it's a reference tool. So he separated it not by year but by topic. So you can pick up this book, you know, scroll through the table of contents and say, "Oh, okay, I want to learn about subject X." You go right to that page and it'll show, you know, this year and this timestamp, this is what they said about that.

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