How do billionaires portray each other? as for Warren Buffett, it is no secret. During Berkshire Hathaway's annual shareholder meeting this past weekend, Warren Buffett shared his perspective on Elon Musk in response to a question directed at Charlie Munger, his business partner. The question addressed whether Munger believed that Musk considered himself above what he really is.
“Elon is brilliant, brilliant”, described Buffett about the owner of Tesla, Twitter and SpaceX. Munger even believes in this idea, but understands that Elon Musk is overrated and exceeds himself whenever possible. Buffett drew attention with an analysis made during the meeting.
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Regarding the way Elon Musk runs his companies, Warren Buffett shared his opinion, noting that Musk has a leadership approach that differs from his own. Buffett mentioned that Musk has demonstrated the ability to accomplish significant feats, tackling seemingly impossible challenges with dedication and determination.
He emphasized that this approach would not suit him or Munger, implying that they have a different perspective on running a business.
The real difference between Warren Buffett and Elon Musk
Warren Buffett today on @elonmusk: There's this Bill Maher program, he interviews Elon. Elon does a terrific job toe to toe with Bill Maher. It's worth watching. Elon is a brilliant guy; He dreams about things and his dream has got a foundation.
Munger: He likes taking on the… pic.twitter.com/s8NdiI5WcL
— Sawyer Merritt (@SawyerMerritt) May 6, 2023
Warren Buffett's answer has more to do with his general approach to running a business and the way he wants to conduct his activities. He highlights the importance of being intentional and conscientious about how you manage your business. The choice between being a disruptor or one investor depends on your goals, strategies and leadership style.
Being a disruptor implies seeking innovation, challenging the status quo and seeking revolutionary solutions. On the other hand, being an investor involves making strategic decisions, seeking opportunities for growth and investment appreciation.
Buffett highlighted that everything depends on the personal way of leading. A disruptor wants to change the world, as Musk does, but an investor changes his life, as he did. The choice is strictly unique, depending only on the person himself. This, then, is the crucial difference between billionaires.
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