Warren Buffett: 'I have no substitute for the market system'

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Warren Buffett and Charlie Munger share their thoughts on capitalism and investment banking. From the 2002 Berkshire Hathaway annual meeting.

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The human condition is speculative in nature.
One requires daily discipline to not fall into the speculative instinct.
Learn how to allocate capital ; and the market will shower rewards at you.

brunomatias
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Government is the God of atheists, taxes their "tithe" and way to cleanse their sins

stevend.bennett
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Isn't Charlie married to some woman that's waaaay younger than him?

chelseafaneva
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