Legendary investing duo Warren Buffett and Charlie Munger take the stage every year at Berkshire Hathaway’s annual shareholder meeting in Omaha to share their investing advice and other wisdom, including how to live a good life, with thousands of fans. Buffett, 92, and Munger, 99, have led one of the world’s most profitable companies for nearly six decades, and that’s perhaps why their philosophy about achieving personal and professional success rings true for a lot of people.
On Saturday, the two investors were asked a number of questions about how to make sound decisions during the Q&A session of the shareholder meeting, such as one about how to avoid making mistakes in life and business.
