berkshire: Raamdeo Agrawal on Warren Buffett, Berkshire Hathaway AGM & more

“One thing that really touched me this time was his quote that” Berkshire Hathaway is a painting, a canvas that is always expanding, limitless and I get to paint what I want to paint.” it is said. Ramdev AgarwalPresident, Motilal Oswal Financial Services

Buffett and Berkshire Hathaway at AGM
I attended AGM and except last two years, I am attending AGM for last 20-25 years. It was a wonderful experience because in the hall there you have to watch the mela (fair) once but after that it is fun to listen to it sitting at home. Anyone can take note. He is somewhat old and has lost some degree of clarity of speech. He has pain in speaking but his insight, acuity, his memory are intact and he loves to talk. Many times he said that I have forgotten what questions you asked and what I am talking about.

It’s a passion, like he always says do what you love and you never feel like you are working.
He still doesn’t think Berkshire needs a new chairman or anything like that. One thing that impressed me this time was his quote that “Berkshire Hathaway is a painting, a canvas that is always expanding, boundless and I get to paint what I want to paint.”



The ideas came from him but I always thought that every company is a piece of art. An entrepreneur is portraying his own vision, his own potential but Buffett has reaffirmed this and that is the fun of seeing every company here, any company in nifty or any company small or big but they are all art The pieces are created by the underlying entrepreneur.

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