SMT007 Magazine

SMT007-July2019

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10 SMT007 MAGAZINE I JULY 2019 a bounty of observations, new ideas, renewed points, and verified thinking paths. I felt intel- lectually enhanced and reassured. There were reportedly more than 40,000 in- person attendees from all over the world and millions watching the livestream of the event remotely. The cross-section of attendees is as wide as can be, from a nine-year-old to senior citizens, spanning all walks of life. What has attracted so many people? Why are there so many fans and admirers of Buf- fett and his business partner Charles Munger? Perhaps the simple (overly simplistic) answer is the search for "wisdom" in investments. But more importantly, it is the wisdom above and beyond investment for how to live a long, wholesome, successful life. Both the Oracle of Omaha, 88-year-old War- ren Buffet, and his six-decade-plus business partner, 95-year-old Charlie Munger, devoted almost an entire day to addressing a variety of questions. They shared their wisdom dur- ing this meeting and covered topics ranging How can we get ahead in this digital world inundated with a gargantuan amount of infor- mation available to all? More sustainably, how can we stay ahead of the curve? Knowledge and wisdom are the fuel to propel us ahead; learning from the wise is the speedier path to acquire the fuel. Business magnate Warren Buffett—one of the most successful investors in the world— holds a wealth of knowledge and wisdom. I wanted to attend the Berkshire Hathaway annual shareholders meeting regularly, but work schedule commitments persistently trumped my desire to attend regularly over the last 25 years. Nonetheless, I do make a point to read and study his iconic annual letter to shareholders, which I've found to be enlight- ening and thought-provoking. Finally, I decided to make in-person atten- dance a priority in my work, scheduling way in advance. Last month, I had the pleasure to attend the wisdom-rich event. During the two days of the event, I absorbed or gained Learn From the Wise SMT Prospects & Perspectives by Dr. Jennie S. Hwang, CEO, H-TECHNOLOGIES GROUP Warren Buffett Charles "Charlie" Munger

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