The Oracle of Omaha at 87
Berkshire Hathaway Chairman and Chief Executive Warren Buffett and Vice Chairman Charlie Munger took questions and answers for six hours Saturday \u2014 with a lunch break \u2014 from shareholders and journalists.Berkshire owns The World-Herald; it bought the Omaha World-Herald Co. for $200 million, when including the debt it assumed. Since that buy in 2012, the company has formed BH Media Company, which bought the daily newspapers in Richmond, Virginia; Tulsa, Oklahoma; and in other cities.he financial considerations are not of much consequence to Berkshire shareholders, Buffett said, calling them "almost negligible" in the company that had $250 billion in annual revenue in a recent count.\u201cBut the significance to society is enormous,\u201d Buffett said.
Growing up in Omaha, Warren Buffett and Charlie Munger benefited from gender discrimination that limited women\u2019s career choices, they said, considering a shareholder\u2019s question about a lack of women in top positions in business.
Life advice from Charlie Munger, 94: \u201cIf you\u2019re going to live a long time, you have to keep learning.What you formerly knew, is never enough.\u201d