Warren Buffett & Charlie Munger: It's Smart To Copy Other Investors! | Berkshire Hathaway 2009

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In this episode, Warren Buffett and Charlie Munger talk about why it's smart to copy investors you regarded as very skilled. And how does buying Berkshire shares different from copying what Berkshire buys?

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This speech is given by Warren Buffett & Charlie Munger at Berkshire Hathaway Annual General Meeting on May 2, 2009.

☆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 & Charlie Munger: It's Smart To Copy Other Investors! | Berkshire Hathaway 2009
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