1 - Dividends
Since Buffett founded Berkshire Hathaway, the company paid dividends only once, in 1967, at $ 0.10 per share.
At the meeting, Buffett said dividends could be paid to shareholders "very soon, even before he retired from the company."
These dividends would be a great novelty, since Buffett has always argued that this Berkshire Hathaway strategy has created a lot of value to shareholders because of the record of reinvestment history in the company.
2 - Reading Habits
When asked about his daily reading habits, Charlie Munger responded categorically:
"I read 3 or 4 newspapers when I get out of bed in the morning, and I'm always reading two or three books simultaneously. I usually always switch them while reading. That's what I've been doing all my life. "
Buffett had already mentioned on previous occasions that he usually reads between 500 and 600 pages of company balance sheets per day.
3 - Berkshire Hathaway Securities
At one point, a journalist questioned Buffett about what values ​​Berkshire offers the companies it invests.
"We certainly do not add value by calling them and saying we've developed a better system for their management. Usually we free up about 20 percent of CEO time for bureaucratic issues, such as meetings with analysts, banks, etc., and then, basically, we leverage them. From then on they invest their time to figure out how to perform the business better. "
4 - About speculating
Charlie Munger commented briefly on the subject:
"There are a lot of people trying to be brilliant. We're just being rational. Trying to be brilliant is dangerous, especially when you're speculating. While other people try to be extravagant in their investment bets, it is best to just stick with the basics and rationale. "
5 - About Jeff Bezos, from Amazon
Both Warren Buffett and Charlie Munger are big fans of Bezos. During the event, they revered the CEO of Amazon saying that their ability to make Amazon grow was incredible.
"Jeff Bezos is of a different kind," Munger said.
Buffett added that Bezos is "the most remarkable businessman of our era."
He also joked that although they admired and believed in Bezos' work, they missed Amazon's meteoric rise: "I was too dumb not to realize what was going to happen," Buffett said, adding that "he underestimated the brightness And the execution "of Bezos.
6 - Decrease in IBM
The comments came from the question of columnist Andrew Ross Sorkin of The New York Times questioning why Berkshire sold a third of its shares in IBM and why the company has historically stayed away from technology companies.
"When we started buying IBM six years ago, we thought they would do better in the next six years," said CEO Warren Buffett.
Munger went on to say that Berkshire avoided technology stocks because they thought they had no business advantage:
"We avoided technology because we realized we had no advantage, and other people did, and I think it's not a good idea to play where there are better people than you. "
The discussion then turned to Munger's wail about not entering Google as well as another regret:
"We lost Walmart too," he said.

7 - Google and Walmart
Charlie Munger confessed that it was a mistake for Berkshire Hathaway not to invest in Google and Walmart.
According to him, Berkshire "missed the train" of these two companies.
"We failed at the time. "He said, admitting that the company's decision not to invest in the two giants was its" worst mistake ":
"We were smart enough to figure out what was going to happen and did nothing. "Munger said.
8 - Apple
Em um ponto, enquanto ainda falava sobre a IBM, Buffett até comparou com a Apple, dizendo:
"E a Apple, considero que são um negócio muito diferente. Penso que a Apple é um negócio de produtos de consumo com a capacidade de encontrar oportunidades difíceis de imitar."
Hoje, a Apple é uma das maiores Holdings of Berkshire, que tem cerca de US $ 19,2 bilhões em ações da empresa fundada por Steve Jobs, isso em 31 de março deste ano.
Buffett também disse que o tempo indicará se sua aposta recente na Apple é mais inteligente do que o investimento da IBM em 2011. Ele ressaltou que as empresas têm diferentes tipos de clientes, então cada ação requer uma análise única.
"Eles são dois tipos diferentes de decisões, e eu estava errado sobre o primeiro", disse Buffett. "Vamos descobrir se estou certo ou errado na segunda-feira".
Munger disse que havia um "sinal muito bom" quando Buffett se juntou à Apple.
"O tempo vai mostrar a partir de dois, um: Ou você ficou louco, ou você está aprendendo", disse Munger. "Eu prefiro a explicação de aprendizagem".
9 - Veículos autônomos
"Se eles fizerem o mundo mais
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