How the billionaire Warren Buffett uses a classic rhetorical technique to make the complex simple.

Last weekend, 40,000 Berkshire Hathaway shareholders descended on Omaha, Nebraska, to watch Warren Buffett and his partner, Charlie Munger, hold court. The two billionaire investors are as known for their wit, wisdom, and advice as they are for their stock picks.

“What is most remarkable about the annual meeting is the way Buffett, 86, and Munger, 93, distill their responses to complex, technical questions into eloquent and pithy nuggets of wisdom that even novice investors can understand,” wrote one financial reporter. Continue Reading