Berkshire Hathaway 2007 Annual Meeting Transcript

Matt at BankStocks.com does a fantastic transcript of the annual Woodstock for Capitalists.

Q: What’s a good way to become a better investor?

WB: Read everything you can. I read every book on investing in the Omaha Public Library. Fill up your mind with competing thoughts and decide what makes sense. Then jump in the water and start investing real money, rather than a paper portfolio. The difference between investing real money and is the same as reading a romance novel and actually dating. There’s nothing like experience. The earlier you start, the better.