"We were luckier than hell" · Transcript · BuffettMungerGPT

WarrenLet's just assume that instead of being born, as I was in a single birth, that I were in the womb and there was an identical twin next to me. Same DNA, same everything, personality, propensity to work, propensity to say, whatever, identical twin. Wasn't Charlie, it might look like him, but, and there we are, the two of us, and a genie appeared. And the genie said, I've got a proposition for the two of you. You're going to be born in 24 hours, same talents, everything identical, and one of you is going to be born in Omaha, and one of you is going to be born in Bangladesh. And I'm going to let you two decide which one gets to be born in Bangladesh and which one gets to be born in Omaha. And I've got this system, and the way I'm going to work it is that we start the bidding, and whichever one of you bids the high. highest proportion of your estate to go to society when you die gets to go to be born in the United States. I think you'd bet a hundred percent, you know. You hear all of this about, you know, grit and pluck and all of these things and how, you know, you've applied yourself working all your life and you've done all these wonderful things. Well, just imagine if I've been born in Bangladesh, you know, and I walked down Main Street and said, you know, I allocate capital, you know. Let me show my stuff, and I'd have died of malnutrition. I mean, I wouldn't have made it through the first few months. The society that Charlie and I work in, I mean, we were luck here in hell. I mean, when we were born, the odds were 50 to 1 against us being born in the United States. So we had the jackpot. And basically, you know, we've had all of the fun of working with us and working with good people and money obviously opens lots of doors in life to interesting things. And it's, it's it goes back to society. That's where it belongs. I mean, there's no reason why little generations of little buffets now and the next one, you know, and 100 years from now, should all be commanding the resources of society just because they came out of the right womb. You know, what sort of justice is that? So, so basically, it's going back to society. Were my children applauding there? Did we check that out?