A question from Mohnish Pabrai at the 1999 Berkshire Hathaway annual meeting

A question from Mohnish Pabrai, author of The Dhandho Investor, at the 1999 Berkshire Hathaway annual meeting.

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[Columbus]

Warren and Charlie have not aged a bit from 1999 to 2021 - they looked 95 back then and they still look 95!

[jackjia]

22 years later and you look back, this is really pure gold.

[lashakhonelidze]

“Usually, you end up in the hands of promoters and not the hands of the people who really know how to make money”... so true!

[DavidMM]

"We will never turn our money over somebody else. If we are gonna lose your money as Berkshire shareholders we are gonna lose it ourselves and we are gonna come back and look you in the eye and tell you how we lost it" 💥Boooom!! 🤯

[harshrathod]

"Invest in the Business that you Understand" - Golden Words

[chenlim]

Timeless. 24 years later, replace “Internet” with “AI” and it’s still golden advice.

[stevenlaurencegho]

Great answer. If we gonna lose the money, we gonna lose it ourselves and not in somebody hands. *There is a hidden insight here*

[minimalisthealth]

Charlie's answers are so short, Buffett has to routinely step in and elaborate. Real alpha move by Charlie

[iamarafat]

He is so smart and have an amazing thought process at this age. No wonder, he is the most successful investor in the world.

[bistrova]

This Mohnish guy sounds smart, he should start a fund or smt.

[shafickrahman]

This Monish Guys sounds so smart. He should be a big investor some day.

[avishekdas]

I'm always wondering how Munger dosent move at all...
He needs a ventriloquist or something.

[minimalisthealth]

Munger seems like he did all the aging he had to 40 years ago, and he's basically not aged a day since

[jaypalnitkar]

Was that a question or an essay for which he wanted a summary😌

[learn--earnn]

Buffett doesn't want his name to be used to inflate prices at retailors sake... A gud approach to have imo and which shud be adopted by many top investors imo around the world who work as operators ...

[yaserkhamis]

Wow, I only knew that this is 1999 after I finished listeing. Even more true today. The best sum up of the VC industry. Very few people and very few investments making money even today.

[hyperhippyhippohopper]

I'm 31 years old and the more videos of Buffett I watch, the more I get worried he might actually outlive me.

[IrineuEvangelista]

It seems like a standard average question, but the fact that buffet took his comings and goings time to talk about it repeatedly, it seems to have been right in the feels

[ghalibkhan]

lol, Mohnish sounds like a teenager here. but insightful question as always

[yashk]

For those who don't know the guy who asked question is
Indian-American born in Mumbai 🤘🏼
Investor, businessman and philanthropist with net worth of over half a billion💲