Berkshire Hathaway Annual Shareholder Meetings (since 1994) cover image

1998-Morning Session-BRK Annual Shareholders Meeting

Berkshire Hathaway Annual Shareholder Meetings (since 1994)

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Chad Corey: The Next Charlie Munger

Munger: Who's the next Charlie Munger? Well, let's try that first. There's not much demand. I don't think there's only one way to succeed in life and our successors in due time may be different in many ways. And they may do better. The two that we're responsible for is keep able people who are already rich, motivated to keep working at things where they don't need to do it for financial reasons. For some reason or another, one person's a little bit better wired for than someone else.

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