We should never idolize a person (in my opinion). Here are some things Buffet has done that I admire (notice that phrasing):
- He consistently communicated with shareholders of Berkshire in a straight-forward and transparent way in his letters and annual reports. If you read these documents, I believe that you will have a solid understanding of how he built Berkshire.
- He maintained a disciplined approach to investing and managing risk over 60+ years.
- He still lives in the same home he bought when he was 28 years old.
Our society has become moralistic. It's so much more useful to identify behaviors to learn from - either to emulate or to avoid - than to debate whether various public figures are good or bad people.
That said, it makes me a little sad that we've read the last of his annual letters.
That said, it makes me a little sad that we've read the last of his annual letters.