University of Berkshire Hathaway: 30 Years of Lessons Learned from Warren Buffett & Charlie Munger at the Annual Shareholders Meeting

by Daniel Pecaut

While Buffett prides himself on never adding the unneeded, Berkshire did purchase a corporate jet a few years ago. When asked about the “little bitty jet," Munger replied, “I am unfamiliar with this ridiculous extravagance.” Munger flies coach.