Warren Buffett isn’t just really smart and really rich, he’s really funny, too. Okay, that might be an exaggeration, but he definitely thinks he’s really funny. The Oracle of Omaha typically uses his letter to shareholders each year to crack a few jokes and show the world that being fabulously wealthy does not preclude one from enjoying scatological humor. Click through for some of the letter’s highlights.
On Country Music:
Sing a country song in reverse, and you will quickly recover your car, house and wife.
On the fact that Berkshire issued stock as part of its BNSF acquisition:
Charlie and I enjoy issuing Berkshire stock about as much as we relish prepping for a colonoscopy.
On the upside potential for its longtime holding Geico:
An old Wall Street joke gets close to our experience:
Customer: Thanks for putting me in XYZ stock at 5. I hear it’s up to 18.
Broker: Yes, and that’s just the beginning. In fact, the company is doing so well now, that it’s an even better buy at 18 than it was when you made your purchase.
Well, this is what passes as funny on Wall Street.