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1998: How much bridge does Buffett play?
AUDIENCE MEMBER: Hello. I’m Tubby Stayman from Palm Beach, Florida.
I know you enjoy bridge very much. I know you play my late husband’s convention.
Tell me, how often are you able to devote to this wonderful game? How many times a week do you play other than the internet?
WARREN BUFFETT: I didn’t get all of that, Charlie? Did you?
CHARLIE MUNGER: How much bridge are you playing?
WARREN BUFFETT: Uh-oh.
AUDIENCE MEMBER: Yes. (Laughter)
WARREN BUFFETT: Well, this week — we should put this in the annual report, because it may be a material factor. (Laughter)
I’m probably — at least ten hours a week. Maybe a little more. I don’t get any better by doing it, either, so it’s rather discouraging, but it is a lot of fun. And it has to have come out of reading time.
I don’t think it’s hurt Berkshire yet, but that may be because we’re in a slow period generally.
If the market goes down a lot, I promise to cut back on my bridge. (Laughter)
CHARLIE MUNGER: Yeah. Well, I probably play three or four hours a week. But I don’t play on the internet.
WARREN BUFFETT: He plays a lot of golf, though. Confess Charlie.
CHARLIE MUNGER: Oh yes. (LAUGH)
WARREN BUFFETT: Yeah, we both spend about the same amount of time goofing off. I mean if you —(laughter) — want to know.