TIMESAVER EDIT - FULL Q&A Warren Buffett Charlie Munger 2005 Berkshire Hathaway Annual Meeting
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 Published On Jul 23, 2019

Miss none of the Q&A answers with this edit - we removed only the fluff in between! All Munger and Buffett say is preserved, only gaps and questions have been clipped to save your time. This is the Berkshire Hathaway Shareholders Meeting 2005.

Recorded April 30, 2005: Buffett warns of “pretty serious consequences” as house prices soar higher.
He reminds investors they don’t get the benefit of a “degree of difficulty” adjustment, recounts how he first became interested in investing when he was a child, and explains why a good public school system is a lot like virginity, as Munger attacks “stupid and dishonorable” accountants for contributing to growth of dangerous derivatives. Other topics include:
Why Berkshire doesn’t sell its businesses.
Munger sees corruption in asbestos lawsuits.
What Munger and Buffett’s best investment was.
Overseeing a diverse collection of businesses.
Competitive advantage and moat of the USA.
Do they love money or love business?
Investing in bull markets.

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