The Oracle of Omaha at 87

Berkshire Hathaway Chairman and Chief Executive Warren Buffett and Vice Chairman Charlie Munger took questions and answers for six hours Saturday — with a lunch break — from shareholders and journalists.Berkshire owns The World-Herald; it bought the Omaha World-Herald Co. for $200 million, when including the debt it assumed. Since that buy in 2012, the company has formed BH Media Company, which bought the daily newspapers in Richmond, Virginia; Tulsa, Oklahoma; and in other cities.he financial considerations are not of much consequence to Berkshire shareholders, Buffett said, calling them "almost negligible" in the company that had $250 billion in annual revenue in a recent count.“But the significance to society is enormous,” Buffett said.Growing up in Omaha, Warren Buffett and Charlie Munger benefited from gender discrimination that limited women’s career choices, they said, considering a shareholder’s question about a lack of women in top positions in business.Life advice from Charlie Munger, 94: “If you’re going to live a long time, you have to keep learning.What you formerly knew, is never enough.”