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10 SMT007 MAGAZINE I JULY 2023 Each year, the one-of-a-kind Berkshire Hath- away Annual Shareholders Meeting draws tens of thousands of attendees from all walks of life who make the pilgrimage to Omaha, Nebraska. It is a yearly ritual for me as well to attend in person so I can listen to the wise duo of Warren Buffett and Charlie Munger, while observing the dynamics of the aspiring and the admiring attendees. is year's attendance was reportedly overwhelmingly higher than usual; people stood in line as early as 5 a.m. waiting for the start of the event at 8:30 a.m. An impressive percentage of attendees came from overseas; the person sitting next to me was from Australia. One question oen pops up in my mind: Why are there so many fans and admirers of Warren Buffet and his business partner Charles Munger? Perhaps the overly simplis- tic answer is they are searching for "wisdom" in investment. But more importantly, it is wis- dom they are seeking, in general. ey are looking for the key to a wholesome, success- ful, and long life. In addition to the information-rich and fun- packed movie featuring Buffet, Munger, Jamie Lee Curtis, and the company's businesses that kick off the event—and the corporate board governance proceedings that conclude the event—the significant and most weighted part is always the Q&A session. It's during this session that Buf- fett and Munger field a wide range of unprepared and unannounced ques- tions, alternately from the live audi- ence by lottery drawing and from the questions collected by CNBC world- wide. e nature of the questions ranges from business and life to geo- politics, philosophy, and even artifi- cial intelligence (AI). As in previous years, Buffet, age 92, and Munger, age 99, sustained a solid five hours of questions in two consecutive ses- sions. It was phenomenal. e ses- sions were comprehensive and intel- lectual, and I le feeling very inspired. Munger's usual pithy one-liners were intriguing and entertaining. I listened attentively during the entire day, and observed keenly while munching on dark chocolate Pearls of Wisdom SMT Perspectives and Prospects by Dr. Jennie S. Hwang, CEO, H-TECHNOLOGIES GROUP

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