Warren Buffett: How to Deal with Toxic Family Relationship | Berkshire 2023

Join Warren Buffett and Charlie Munger in this thought-provoking video as they discuss the challenges of dealing with negative people, particularly when they are family members. Learn practical strategies to minimize the impact of negativity and create a happier and more successful life. Discover the importance of interacting with people who behave well, even if you have to make exceptions for family. Explore the inspiring story of the MacArthur family and their decision to distance themselves from a difficult parent. Gain valuable insights and guidance from these legendary figures and find ways to navigate challenging family dynamics with grace and resilience.

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This speech is given by Warren Buffett & Charlie Munger at Berkshire Hathaway Annual General Meeting on May 6, 2023.

☆Who is Warren Buffett (The Oracle of Omaha)?☆
Warren E. Buffett is one of the most successful investors in the world and the chairman & CEO of Berkshire Hathaway, who has a net worth of over 100 billion dollars. Warren Buffett's Berkshire Hathaway has posted average annual returns of 17.1% since 1985, well ahead of the broader stock market’s 10.5% including dividends. If you’d invested $10,000 in Berkshire Hathaway at the start of 1985 you’d now have $2.4 million; the same principal in the S&P 500 would now be worth about $227,000.

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Warren Buffett: How to Deal with Toxic Family Relationship | Berkshire 2023

[AverageAngel]

minimizing interaction with a toxic person if family, removal entirely if not family. I find this to be the better way

[armitageshanks]

Buffett's not just world's greatest investor, but world's greatest therapist as well 😂

[thomascarter]

What books do you recommend to start trading?

[johnw]

What's worse is having a parent (or other family member) that's a loser, (or even "quasi successful") passive aggressive, gaslighting narcissist. Family and the community can make you feel guilty, or even shameful, if you distance yourself from someone like that. They think that you're selfish and the cause of the relationship problem. Thus, it would be better to have an overtly harmful parent (like an obvious bully alcoholic), so everyone can see clearly, the reason it's best that you distance yourself from them.

[PizzaPie-zmvo]

Warren is conveniently forgetting his mother. And ha took his advice when dealing with her.

[waynehornberger]

Wealth of the wicked is layed up for me they shall gather it up but I shall put it on he that by usery and Unjust gain increaset his substance he shall gather it up for me because I pity the poor he works for me