A 'shrewd' question at the 1996 Berkshire Hathaway annual meeting

A 'shrewd' question at the 1996 Berkshire Hathaway annual meeting. Featuring Warren Buffett and Charlie Munger.

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[jp]

Getting a compliment from Munger. I might just be satisfied with that and call it a life well lived.

[chooselife]

Charlie Munger .. a Polymath, a Genius, man of few yet brilliant words, he is an absolute inspiration

[richardbartolo]

In fairness to the guy's pronunciation, he was using a phonetic rule and this was back in 1996 before GEICO arguably became a household name with so much TV advertising.

[chooselife]

Buffett the Oracle of cannot believe how little exposure this video series gets. Wish I'd watched all this 23 years ago

[antonio.]

That's basically the entire secret of warren buffet. Put insurance float on a balance sheet with enough other assets, which then makes it possible to buy equities and get 15% returns on insurance float instead of the 2%-3% that normal insurance companies earn

[NebraskaSXHC]

Charlie - dis nigga just caught onto our competitive advantage in owning jeico. Respekt.

[allensu]

I didn’t even know what he was talking about when he said “jeico”

[gladheateherfruehauf]

I'm sorry, but everytime I see these two sitting together, I can't help but think of the two old man Muppets. Both are brilliant.

[GetUpFalcon]

That's a helluva pat on the back. Better than a full body massage from someone else.

[JakeLea]

This is def one of my favorite Munger moments.

[Gold]

Shit these two haven’t aged in 25 years apparently.

[bronchitis]

Poor guy asking the questions couldn’t stop tripping over his words

[gamesetmurph]

to anyone laughing at his Geico pronunciation - it's actually "Bark-shire" if you're in England where the place is

[BrainEquation]

I didn’t even understand the question...

[gordongordon]

3 observations
1. That man had a helluva time wrestling that question out of his brain 🧠
2 jaico
3 see 1

[ericguo]

I couldn’t understand what the question was...

[Cal]

I actually thought jeico was a real company

[markusgarcia]

Did warren answer the first part of the quesrion?

[ripme]

I thought the shrewdness was going to come in some kind of follow-up question.. still definitely not clickbait

[georgesoreass]

Man that guy asking the question was hard to listen to