Issue link: https://iconnect007.uberflip.com/i/1523387
10 SMT007 MAGAZINE I JULY 2024 For decades, tens of thousands of people from all walks of life have attended the Berkshire Hathaway Annual Shareholders gathering in Omaha, Nebraska, relishing the opportunity to learn from Warren Buffett and Charlie Munger, who field questions for five hours about life, business, and investing. Reportedly, more than 40,000 people from all over the world attended the 2024 meeting, and millions more watched the livestream of the event. We have heard and learned from their wisdom in their thoughts and practices on everything from professional careers to personal lives, from investments to world affairs. Listening to them always makes me feel intellectually enhanced and reassured. First, the numbers paint an undeniable picture; the sustainable, long-lasting investing r e s u l t s a r e u n d i s p u ta b l e. Th e ta ng i b l e performance record under the leadership and management of these two wisdom-boundless men is vividly demonstrable. For every $1,000 investment in the S&P 500 in early 1965, when Mr. Buffett took over at Berkshire, it would generate over $300,000 today. However, if invested in Berkshire instead, it would generate more than $42.5 million. It is a matter of record. Berkshire's cash pile, which rose to a phenomenal record of $189 billion, also reflects their plausible prudence, sound judgment, and expansive vision. Company followers have been looking for clues about what Warren A Dose of Wisdom SMT Perspectives and Prospects by Dr. Jennie S. Hwang, CEO, H-TECHNOLOGIES GROUP