2016: Does Buffett have any regrets?

AUDIENCE MEMBER: Hi, good morning. My name is Gaspar. I’m Spanish and I come from London.

I admire you both in many ways, but I would like to know that, when looking backwards, what would you have done differently in life in your search for happiness?

WARREN BUFFETT: Well, I’m 85 and I can’t imagine anybody any happier than I am.

So — by accident or whatever, I still — I mean, you know, I’m sitting here eating exactly what I like to eat, doing in life exactly what I love to do, with people I love. So it really doesn’t get any better than that and I — (applause)

I did decide, fairly early in life, that my favorite employer was myself. (Laughter)

And, that — I think that presented — I’ve managed to avoid, really, aggravation of almost any sort.

Really, you know, if you, or those around you that you love, have health problems or something, I mean, that is a real tragedy, and there’s not much you can do about it but accept it.

But Charlie and I have, every day, been blessed. I mean, here Charlie is, 92, and he’s doing, every day, something that he finds fascinating.

You know he — I think he probably finds what he is doing at 92 as interesting, as fascinating, and as rewarding, as socially productive, you know, as any period you can pick in his life.

And so we’ve been extraordinarily lucky. We’ve been, you know, we’re lucky it’s a partnership. It’s more fun doing things as a partnership.

So, I’ve got no complaints. It would be very churlish of me to have any kind of complaint. I would say, if you’re talking about business life, I don’t think I would have started with a textile company. (Laughter)

Charlie?

CHARLIE MUNGER: Well, looking back, I don’t regret that I didn’t make more money, or become better known, or any of those things. I do regret that I didn’t wise up as fast as I could have and —

But there’s a blessing in that, too. Now that I’m 92, I still have a lot of ignorance left to work on. (Laughter and applause)