Charlie Munger: 'We have a passion for keeping everything simple'

Warren Buffett and Charlie Munger discuss the annual report, Enron and keeping things simple. From the 2002 Berkshire Hathaway annual meeting.
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[@InvestorCenter]

One of my favorite Charlie munger quotes: “you don’t get paid more for solving difficult problems in investing. We would much rather clear 1 foot hurdles than attempt to clear 9 foot hurdles”. This is important to remember in today’s market with all the high tech stocks being pushed by the media

[@andresmagnus3474]

I don't get it

[@InvestorCenter]

@@andresmagnus3474 it means that in investing, you don’t make more money by solving hard problems. As a result, you should focus on simple, high payoff investments

[@andresmagnus3474]

Where are you from?

[@rcw86___29]

@@andresmagnus3474 xddd

[@Je.rone_]

Buffett & Charlie are still good to learn from

[@davidg.2217]

BUFFET AND MUNGER ARE THE TWO SMARTEST GUYS IN THE 🌎 WORLD..👍

[@leaf4267]

I respect Mr. Warren Buffett that he can endure the nonsense from shareholders for many years.....

[@christophermondoux8408]

Charlie throws shade at 7:18

[@caucasianafrican1435]

I find very long, detailed questions to be annoying. Am I alone?

[@goodfty]

Kinda, it depends on the person asking and how they do it or the quality of the question.

[@JamesToler]

🙌🙌🙌