SMT007 Magazine

SMT007-Aug2022

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10 SMT007 MAGAZINE I AUGUST 2022 Aer two-year COVID-19 hiatus, I made a point to attend the Berkshire Hathaway (BH) shareholders annual meeting in person, so I could listen to legend Warren Buffett and observe the dynamic of the aspiring people from all walks of life. e event was full of high-spirited, eager attendees; and was quite festive as well. Buf- fet, now age 91, and his long-time business partner Charlie Munger, age 98, are as sharp, quick-witted, and as humorous as ever. eir deep and profound thought processes and broad-based knowledge are inspiring. It was a completely worthy trip; and I personally felt intellectually nourished. eir investment wis- dom is vividly manifested by the indisputably phenomenal results: From 1964–2021, S&P 500 overall gained marks at 30,209%. In com- parison, the Berkshire Hathaway overall gain reached 3,641,613% 1 . e most intriguing part of the event was the Q&A session. e five-hour session offered myriad insights and learning opportunities. Questions from the shareholders (both in per- son and remotely) touched on a wide array of topics and scattered all over the map, from investment to life, from nuclear war to the energy industry, and from public company board practice to cryptocurrency. Below are select excerpts, which I believe are of interest to our industry readers. Invest in Yourself In this unprecedentedly uncertain time, as we face rampant inflation with a draconian increase in the cost of goods and services in In Search of Wisdom SMT Prospects & Perspectives by Dr. Jennie S. Hwang, CEO, H-TECHNOLOGIES GROUP

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