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Charliemunger

All articles tagged with #charliemunger

business-and-finance2 years ago

Warren Buffett's 2023: Success Rules, Portfolio Insights, and a Tribute to Munger

Warren Buffett, the CEO of Berkshire Hathaway, experienced a year of significant events in 2023, including the acquisition of a major stake in Pilot Travel Centers, a business trip to Tokyo, insights shared in his annual shareholder letter, and discussions at the company's annual meeting. He also donated $6 billion to charity, invested in a mystery stock, and mourned the loss of his long-time friend and business partner, Charlie Munger. Despite challenges, such as a legal dispute with the Haslam family over Pilot's valuation, Buffett's year was marked by strategic business moves and personal reflection.

business2 years ago

Warren Buffett's Views on AI, Banks, and Elon Musk.

Warren Buffett and Charlie Munger, the CEO and vice-chair of Berkshire Hathaway, expressed their skepticism towards artificial intelligence (AI) during their annual meeting in Omaha, Nebraska. Buffett compared the potential harm of AI to the atom bomb, while Munger called for caution in the unsupervised training of powerful AI models. The duo also discussed their investment portfolio, reaffirmed their confidence in the American economy, and called for strengthening friendship ties with China. They did not express any love for Bitcoin or the cryptocurrency industry.