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March 14, 2023 22 mins

Signe and Michelle analyzed Warren Buffett's 2022 Letter that came out with Berkshire Hathaway's 2022 Annual Report at the end of February 2023. We especially found noteworthy how Buffett referred to Berkshire shareholders as individuals with their savings in the form of Berkshire shares. Buffett must have had death on his mind in mentioning it across many business and personal scenarios. Buffett paid tribute to his best friend and business partner, Charlie Munger, who is still going strong at 99 years young. In running Berkshire for 58 years, Buffett has reached a milestone unmatched by most CEOs. He seemed to reiterate the moral duties and company culture that he expects Berkshire's future CEOs to uphold, especially in continuing to be the Chief Risk Officer and capital allocator as Buffett has been faithfully. When Signe quoted Buffett, "Nothing Beats Having a Great Partner," we shared our mutual gratitude to be business partners in this podcast adventure of trying to follow Buffett and Munger in their footsteps. There is much wisdom to be gained from Buffett in this year's letter, and we hope you enjoy the first part of our discussion on this subject. 

If you'd like to read Berkshire's annual report and Buffett's letter, visit: https://www.berkshirehathaway.com/reports.html.

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