Philanthropists in golf carts eating Dilly Bars | Summary and Q&A

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July 8, 2016
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Bill Gates
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Philanthropists in golf carts eating Dilly Bars

TL;DR

Warren Buffett and Bill Gates chat, joke, and enjoy the annual meeting while discussing insurance, attendance growth, and charitable initiatives.

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Questions & Answers

Q: How has the attendance at the Berkshire Hathaway annual meeting grown over the years?

The attendance at the Berkshire Hathaway annual meeting has grown significantly over the years, with Warren Buffett and Bill Gates expecting around 40,000 attendees during the most recent meeting. In the early years, however, only 10 people attended the meeting.

Q: What insurance company does Warren Buffett mention during the conversation?

Warren Buffett mentions Geico as his preferred insurance company during the conversation with Bill Gates. He jokes about being a careful driver and their smooth start to the conversation.

Q: What charitable initiative do Warren Buffett and Bill Gates discuss?

Warren Buffett and Bill Gates discuss the sale of 29,000 orange bars at the annual meeting, with all proceeds going to charity. Bill Gates promotes the bars, saying he is proud of the initiative and highlights the impact it will have on children.

Q: What lighthearted moment occurs between Warren Buffett and Bill Gates?

Warren Buffett buys Bill Gates a Dilly Bar during their conversation, which they humorously refer to as a historic moment for the media to witness. This playful interaction showcases their friendship and camaraderie.

Summary & Key Takeaways

  • Warren Buffett and Bill Gates discuss their excitement for the Berkshire Hathaway annual meeting, expecting around 40,000 attendees.

  • They reminisce about the early years of the annual meeting, with only 10 people attending.

  • The pair talk about insurance, with Warren Buffett mentioning his preference for Geico.

  • Bill Gates promotes the sale of 29,000 orange bars at the meeting, with proceeds going to charity.

  • Warren Buffett and Bill Gates share a lighthearted moment as Warren buys Bill a Dilly Bar.

  • They conclude their conversation with a playful ukulele performance.

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