Special topic: Buffett's 2024 shareholders 'meeting hits heavily
Buffett saidpokerstarseuInvesting is influenced by many factors. I started buying stocks in 1942. Munger and I sometimes make quick decisions, and we think about what factors make us make quick decisions, and we feel that these factors are obvious. One thing Munger taught me is that consumer behavior is important. If we buy a furniture store, we may soon realize that this is a mistake, but this mistake will allow us to better think about what the asset allocation process is like. In the process, we slowly learned consumer behavior.
