Both Charles Munger and Warren Buffett believe that ethical behavior leads to better outcomes in business, recognizing the importance of integrity in their success. Additionally, Warren and I believe in soldiering through challenges without too much fuss, rather than complaining about difficulties.

Having a good reputation is incredibly helpful in life, as demonstrated when key decisions were influenced by trust in Warren.

Warren Buffett's approach to partnerships is rooted in trust and stewardship, treating all stakeholders, including suppliers and customers, with respect and care.

I learned from Ben Franklin that no matter your age, you should seek talented people, even if they are younger than you, and build relationships with them.

I met Warren Buffett in 1959 when I returned to wind up my father's law practice, and I immediately recognized his intelligence and shared interest in successful investing.

Warren Buffett's annual meeting celebration fosters teamwork and collaboration, reflecting his enjoyment of teaching and connecting with people.

Warren made significant profits by following Benjamin Graham's advice to buy very cheap stocks, regardless of the company's quality, but he knew this strategy was self-limiting. Getting into great businesses that either have a great manager or can prosper even under poor management is crucial.

Despite facing criticism, Warren Buffett's approach allowed him to make billions for many people, even those he didn't know, and he doesn't regret his choices.

Berkshire Hathaway operates as a 'seamless web of deserved trust,' which is a powerful concept that enhances its business relationships.