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Warren Buffett & Charlie Munger Describe What They Look For In an Investment

Legendary value investors Warren Buffett and Charlie Munger answer a question from an audience member at the annual Berkshire Hathaway Shareholder’s Meeting.
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Charlie Munger
Charles Thomas Munger (born January 1, 1924) is an American investor, businessman, former real estate attorney, architectural designer, and philanthropist. He is vice chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett; Buffett has described Munger as his partner. Munger served as chairman of Wesco Financial Corporation from 1984 through 2011. He is also chairman of the Daily Journal Corporation, based in Los Angeles, California, and a director of Costco Wholesale Corporation.
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