Warren Buffett Jokes About Charlie Munger's Costco Obsession

2011 Annual Meeting Afternoon Session Q. 15

Carol Loomis asks for a lesson from business history. Buffett correctly predicts Charlie will talk about Costco, and after four minutes of explanation Buffett cracks a joke at Charlie's expense. Charlie clearly loves it. The two men have a wonderful working relationship. The annual meetings are full of these kinds of banter, one-liners, jokes, etc.

#warrenbuffett #investing #stocks

[LordTrayus]

Probably the most genuine laugh I'd ever seen from Charlie.

[alm]

With that humor sense in public, their private jokes have to be explosive.

[yakopro]

Buffet and Charlie are wonderful down to earth people

[nabeelrizvi]

these guys are just hilarious !!! its gonna hurt like crap when they're gone.. i cant handle it :(

[SFreedberg]

That is hilarious! First time hearing that.

[Cosmos]

These two enjoy eachother jokes lmaoo Munger eyes lit up when he realized warren joke's coming 🤣

[User_not_found_]

No joke - Costco is an amazing business. Where can you find a business that grows like Costco does, customers love it and are loyal, employees love it and are loyal, and shareholders love it? Its a win all the way around.

[sureshnishtala]

Back again after 3 weeks just to watch my gurus loves costco so much that he can speak about that as his last

[sureshnishtala]

I was Listening on Loop and charlie are my

[jakw]

That's a stand up bit, hell yeah

[sureshnishtala]

Back again ....just to see charlie speak about the virtues of costco

[amdistant]

I think old boy munger was looking for a come back with all the umms, huhhs but couldn't find anything.

[whjdlnb]

Well, in terms of quality per dollar it ranks high.

[crohunter]

Charlie is probably Warrens only friend

[Cosmos]

These two enjoy eachother jokes lmaoo Munger eyes lit up when he realized warren joke's coming 🤣