Buffett on his friendship with Munger: You cherish those people and you forget about the rest

And my question is who are your most trusted advisors today? Is it Ted and Tot? Is it Greg and Ajit? Is it your wife, your children? And what do you value about them? Thank you. Well, it depends whether they’re advising me on money or on other things. I I trust my children and my wife totally. But that doesn’t mean I ask them what stocks to buy the but the no, I I was in terms of managing money. There wasn’t anybody better in the world to talk to for, you know, many, many decades than Charlie. And that doesn’t mean I didn’t talk to other people. But if I didn’t think I could do it myself, I wouldn’t have done it. I mean it. So I to some extent I talk to myself on investments and and and I I think my children have gotten a whole lot wiser over the years. And so I listen them to on a lot of things. I don’t listen to my my daughter on who to vote for locally because she knows a lot more about that than I do. And I’ll I’ll listen to my wife on a lot of things and I won’t get into details. So it it is, it is important. You don’t live a life where you surround yourself and limit yourself the people you trust. It won’t be much fun. I mean, I literally have been in the position ever since I was in my 20s of being able to have people I trusted around me and I’ve been mistakes occasionally, but they filter out over time. We learn and when I found Charlie for example in in all kinds of matters, not just investment, you know, I knew I’d have somebody that that well, I’ll put it this way. I think you can think about this, Charlie. And all the years we worked together not only never once lied to me ever but he didn’t even shake things so that he told half lies or quarter lies to sort of stack through the deck in the direction he wanted to go. He was he absolutely can. He considered a total of utmost importance that he never lied. Now that occasionally got him in trouble at dinner parties or something if he if he said to the woman, I’d really prefer the way you used to do your hair or the way that somebody over across the room does. I mean, he was, but in terms of having a partner, I I simply cannot think of a conversation I ever had with Charlie that in the least he misled me or shaped it his way or anything of the sort. So when you get that in your life, you know, get charged those people and you sort of forget about the rest.