During a speech on Saturday, Warren Buffett and Charlie Munger from Berkshire Hathaway praised Elon Musk, describing him as "brilliant" and "talented".
At the annual meeting of Berkshire Hathaway, which covered topics such as artificial intelligence and investing, Buffett and Munger briefly discussed Elon Musk, praising the tech billionaire as "brilliant" and "talented." Musk later responded to their comments on Twitter, expressing his gratitude for their kind words.
Buffett went on to describe Musk as a "brilliant, brilliant guy," and also noted that the billionaire has a strong foundation for the dreams he pursues.
"I think Elon Musk overestimates himself, but he is very talented," Munger could be seen saying in footage of the event published shown by CNBC. "So he’s overestimating somebody who doesn’t need to overestimate to be very talented."
Warren Buffet & Charlie Munger respect Elon Musk. ⚡️📈 @elonmusk $TSLA pic.twitter.com/JM5zPNlgqm
— Teslaconomics (@Teslaconomics) May 6, 2023
Munger remarked that Musk's success is a result of his willingness to pursue unreasonably extreme objectives. He believes that Musk enjoys taking on impossible tasks and excelling at them, which sets him apart from Buffett and himself. Munger added that they are more inclined towards finding easier jobs that they can easily identify.
Both Buffett and Munger acknowledged that they have a different approach when compared to Musk. Buffett mentioned that they do not want to compete with Musk in many areas. He also hinted that he wouldn't find Musk's work enjoyable, stating that it requires a level of dedication that doesn't align with their values.
While Buffett acknowledged that Musk has accomplished important things, he noted that it required a relentless commitment to solving seemingly impossible problems.
"Every now and then, he’ll do it, but it would be torturous to me or Charlie."
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