Book of the Day from The Next Big Idea Club

Book of the Day from The Next Big Idea Club

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Book of the Day from The Next Big Idea Club
Book of the Day from The Next Big Idea Club
What Would Warren Do?
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What Would Warren Do?

Business and investment insights from decades of Buffett and Munger's legendary Berkshire Hathaway shareholder meetings

Michael Kovnat's avatar
Michael Kovnat
Feb 10, 2025
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Book of the Day from The Next Big Idea Club
Book of the Day from The Next Big Idea Club
What Would Warren Do?
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Warren Buffett and Charlie Munger’s annual Q&A sessions at Berkshire Hathaway’s shareholder meetings are the stuff of legend. For decades, thousands of shareholders gathered in Omaha, Nebraska to hear their insights on everything from the psychology of successful investors to the future of Coca-Cola and Apple. But for most of that time, unless you attended in person, all you had access to were secondhand accounts.

That changed in 2018, when Berkshire released video archives of every meeting dating back to 1994. Alex Morris—a seasoned equities analyst and founder of TSOH Investment Research Service—watched hundreds of hours of these sessions, analyzing over 1,700 questions asked by shareholders. He gathered and organized the most timeless and valuable lessons into a comprehensive and accessible guide, and he shares 5 of those lessons with us here…


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