I’ve been a fan of Warren Buffett and Charlie Munger for a number of years now. I don’t know exactly how I came across them but must of been through the financial articles I’ve read through the years.
As these things go, it takes many years for me fully implement learnings. I’d like to think I’m also learning, but taking in information from reading isn’t a guarantee that one knows what to do and how to do it when it comes to time to do it.
For example, for many years I’ve known about index funds and ways you can buy them easily in a mutual fund or exchange-traded funds or ETF. I could’ve done that but I didn’t. I’ve since implemented these strategies in both my own portfolios and portfolios that I manage but I feel like it’s comes at an opportunity cost.
This past Saturday, Buffett and Munger’s company, Berkshire Hathaway held its Annual Shareholders Meeting in Omaha. I along with many others stream it online at Yahoo! Finance, but many more go in person to see the Oracle of Omaha.
I continue to learn so much about investing, finance, life from these two. It’s embarrassed to say that even after reading, listening and knowing all these things that it’s not easy to implement or follow some of these strategies even though it logical and is sensible.
Perhaps the one that is the most sensible is being a Berkshire Hathaway shareholder, one that I’ve been for many years now and will continue to be for quite some time.