Rational Perspective

The Berkshire duo warm into this question from this shareholder, who is a manager at a Canadian public sector pension fund. He asked for their view on private equity investments - particularly for retirement funds like the one where he works. The Buffett and Munger response won't thrill the army of consultants selling these products. *This is one of the highlights from the five hours of Q&A at the 2019 Berkshire Hathaway AGM in Omaha where chairman Warren Buffett and his deputy Charlie Munger field queries from shareholders. See omnystudio.com/listener for privacy information.