I was especially struck by the central idea of his book, that we need to strengthen the reciprocal obligations we have to each other.
When the weather turns warm, some people head to the beach. Some like a picnic in the park. Personally, there is one place I visit every spring no matter what: Omaha, Nebraska, the site of Berkshire Hathaway’s annual shareholders weekend with the company’s CEO and chairman (and my friend) Warren Buffett.
“Woodstock for Capitalists” is always a magical weekend, and this year’s was no exception. Tens of thousands of people came to buy stuff from Berkshire companies, check out the local steakhouses, and most of all, soak up the wit and wisdom of Warren and his partner, Charlie Munger. I would go even if I weren’t on the company’s board of directors. Despite all the changes in the business landscape during Warren’s 52-year tenure, he has lived by the same principles of integrity and creating business value since day one. He sets a wonderful example, and even though I have known him well for more than 25 years, I have never stopped learning from him.
Although the Berkshire weekend is always busy, Warren and I usually find time to goof off with a few games of bridge or a golf-cart ride around the showroom. (See my posts from 2012, 2013, 2014, and 2015. I didn’t post anything last year, but we goofed off then too.)
This year, Warren took me on a tour of Nebraska Furniture Mart, a super-successful megastore owned by Berkshire. We tried out some lounge chairs, played with remote-controlled mattresses, and somehow managed to get lost. Take a look: