Words of wisdom from Buffet & Munger
May. 3rd, 2004 09:32 pmFP! W00t!
At the 2004 annual shareholders' meeting of Berkshire Hathaway, a 14 year old boy from California asked the corporate leadership what he should do in order to become successful. They replied:
Warren Buffet: "Pick out associates whose behavior is better than yours and you'll drift in that direction."
Charles Munger: "If this gives you a little temporary unpopularity with your peer group, the hell with 'em."
At the 2004 annual shareholders' meeting of Berkshire Hathaway, a 14 year old boy from California asked the corporate leadership what he should do in order to become successful. They replied:
Warren Buffet: "Pick out associates whose behavior is better than yours and you'll drift in that direction."
Charles Munger: "If this gives you a little temporary unpopularity with your peer group, the hell with 'em."