Every year on the first Saturday of May, Buffett will host the annual Berkshire Hathaway Annual Meeting in his hometown of Omaha, attracting 300,000 people from all over the world every year. In the past four years, I have had the honour of going to the Buffett Shareholders ’Meeting 4 times in the United States. I listened to the real insights of Warren Buffett and Munger on the spot and benefited a lot. Of course, I did not participate just to satisfy my inner admiration for Buffett, but I hope to take this opportunity to recommend his value investment philosophy to investors, so that value investment can take root in the A-share market and bear fruit.
The good news is that in the past few years, A-share market value investment has shined, and many value investment targets have reached new highs, creating a good In return, some media said that I was China’s “Buffett Little”, of course, this was an award. Originally, I planned to go to the United States to attend the Buffett Shareholders ’Meeting again this year. However, due to the impact of the epidemic, this year ’s Buffett Shareholders’ Meeting was changed to live broadcast. In the afternoon, Buffett will broadcast live online to everyone. I will also share with you in time, talk about Buffett’s latest market views and his value investment philosophy.
According to news, you may not see Munger on the podium this year. This year’s Buffett Shareholders ‘Meeting will have Buffett and his chosen heir Greg Abel on the rostrum to answer investors’ questions. In fact, two executives Abel and Jean promoted by Buffett were already on the scene last year, and answered some investors’ questions. Now Munger is too old to be 96 years old, so this year Abel will replace Munger to answer investors ’questions.
Munger is a very interesting old man. Recently I have read “The Poor Charlie’s Book” again. It is very interesting. True insights and Munger’s humor have conquered countless readers, and I suggest everyone read them.
The two of Manger and Buffett are natural partners, and they are mutually successful. Both of his hometowns are in Omaha. Coincidentally, when Munger was a child, he worked in a grocery store opened by Grandpa Buffett. When he was a kid, he worked in Grandpa’s grocery store. His grandfather is a very strict person and has very strict requirements for turkeys, so they do not like working there. Later, by chance, the two met. At that time, Munger was still a lawyer. The law firm he opened with several other partners is still one of the most famous in the United States.
Buffett was investing in private equity funds. After he met Munger, Munger began to do asset management with him, gradually