My pal Larry McDonald (author of Lehman book A Colossal Failure of Common Sense) had the incredible opportunity to get a one-on-one sitdown with Charlie Munger at Berkshire’s annual gathering last weekend. Before I send you over to Larry’s site for the conversation , I just wanted to highlight this poetic intro to he gives us, in which Mr. Munger is compared to a Sequoia tree…
But the highlight of the trip was a 40-minute, one-on-one meeting I had with Charlie Munger, who had read “A Colossal Failure of Common Sense,” and actually wanted to meet me… I almost couldn’t believe it. Munger is considered by many to be Buffett’s alter ego, the conservative skeptic who keeps the Oracle in check. Or just a loyal friend and business partner for over 40 years. It’s all true. It was an honor to meet Mr. Munger, not because he’s a billionaire, but because he represents the end product of a life built on a 24-carat gold business character.
Munger and Buffett have run their business, Berkshire Hathaway, with that type of foundation in mind.
Imagine the tallest and widest of the great California Redwood trees just south of the Oregon border. When you look at this magnificent 2,000 year old Sequoia, over 375 feet high, it’s what you can’t see that’s most impressive; a root system over 250 feet wide that runs deeper than tree’s actual height. Now that is a foundation.
A very cool post follows…
Inside the Berkshire Hathaway Annual Meeting (LawrenceMcDonald)
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