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Buffett said Munger once teased him for being too controlling.
Jin10 data reported on May 3rd that Buffett stated that Berkshire is very cautious when investing. Over the past 80 years, they have made 16 million transactions, but only a very small number have truly attracted them. He mentioned that Charlie has teased him for overseeing too many things, but Buffett believes that in a lifetime, only five things are worth full commitment. If there is 335 billion in funds, he hopes to find truly high-quality targets, even if a single investment is 50 billion, it must ensure substantial help to the business; blind investment can harm shareholder interests.