Wit and wisdom of billionaire Warren Buffet, the 'Oracle of Omaha'

NEW YORK (Reuters) - Warren Buffett, the 88-year-old chairman and chief executive officer of Berkshire Hathaway Inc, is taking hours of questions from investors and journalists at the conglomerate's annual shareholder meeting on Saturday. Buffett's marathon Q&A session is part of what the billionaire investor calls "Woodstock for Capitalists," the annual shareholder weekend for his company.

Below are some of Buffett's comments, and those of Berkshire's Vice Chairman Charlie Munger, on a wide range of topics. On.

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