The thoughts that follow come from a second Buffett speech, given last July at the site of the first talk, Allen & Co.'s annual Sun Valley bash for corporate executives. There, the renowned stockpicker returned to the themes he'd discussed before, bringing new data and insights to the su...
If you have a high-speed internet connection, you may prefer to read this version of the speech (a 1.6 MB .pdf file), which has all of the tables. Note: the tables Buffett mentions are in The Intelligent Investor, but are not reproduced here. The Sequoia and Munger records are publishe...
He thinks of reading books as building compound interest, but in this case – knowledge. Buffet said that one must “Read 500 pages like this every day…” as part of his speech at Columbia Business School in 2000. More specifically, he said, “That’s how knowledge works. It builds up...
Buffett has also advocated for women-owned businesses and women executives at his own company. A recent HBO documentary followed how Buffett became one of the most successful investors in history. His company backs Kraft Heinz, which offered $143 billion for Unilever in early February. But even...
These notes are from an interview and speech that was given while on the trip where Buffett gives some very valuable lessons. The most fascinating thing to me was that Buffett was the following quotes from the article: Emphasis mine. Question 12: What would you pay for a solid company that...
Buffett elaborated on the topicin a talk to MBA studentsfrom the University of Florida in 1998. The legendary investor started his speech with a little game: “Think for a moment that I granted you a right — you can buy 10% of one of your classmate’s earnings for the rest of ...
This is a transcript of Warren Buffett's live interview, his first since this weekend's Berkshire Hathaway shareholders meeting, on CNBC's Squawk Box on Monday, May 2, 2011. He discussed his reaction to the death of Osama Bin Laden, the state of the U.
In a recent interview, I was asked whether all the new spending schemes proposed by Democratic candidates would lead (as has been the case in Europe) to enormous tax increases on the middle class. The answer is yes, of course. But most of the candidates are not honest on this issues (...
birthday. Munger is 96. As a result, lieutenants Ted Weschler and Todd Combs have done more of the stock-picking in recent years. Their increasing stature likely explains some of Berkshire’s move into tech and away from the kinds of names that traditionally were considered Warren Buffett ...
The recent wave of mergers has been staggering. Could you comment on how any of these mergers will create value for shareholders? BUFFETT: Actually, the two of us have a small announcement we would like to make... [laughter]. It won't stop. Mergers will be motivated by very good consid...