2005 Berkshire Hathaway Annual Meeting Morning Session | Warren Buffett | Charlie Munger

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(April 30, 2005) Warren #Buffett of #Berkshire Hathaway warns of “pretty serious consequences” as house prices soar. He also reminds investors they don’t get the benefit of a “degree of difficulty” adjustment, recalls 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 Charlie #Munger attacks “stupid and dishonorable” accountants for contributing to the growth of dangerous derivatives.

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Learn more from Warren Buffett:

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Link to learn the investing secrets of Warren Buffett and Charlie Munger:

BuffettOnline
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14 years after the meeting. The wits from Warren and Charlies remain relevant.

marketprinciple
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They mentioned about housing bubble 1:21:43

samantheherath
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Thank you for this on behalf of all of us.

nnnooo