[00:18:35] Buffett: Once a year, It’s like I sit down with them and tell them you know, here’s what might be interesting to you. And that’s, I’m doing that all year in my mind and I’m doing it, I’ve done it. I know what I’m going to talk about next year unles...
Buffett will turn 94 in August, and has already named Vice Chairman of Non-Insurance Operations Greg Abel, who was sitting at his side Saturday, as the Berkshire CEO successor. But investors wonder if Berkshire shares would trade at the same valuation over the long-term without Buffett at the...
CHARLIE ROSE: What do you admire about Ted Williams? WARREN BUFFETT: Ted Williams described in his book, "The Science of Hitting," that the most important thing -- for a hitter -- is to wait for the right pitch. And that's -- exactly the philosophy I have about investing...Wait for...
reporting live from Omaha this morning. Joe Kernen and Andrew Ross Sorkin are back at headquarters on the East Coast. We have the man of the morning with us, Warren Buffett. Obviously we have a lot to talk about with him, including stock records runs, the Fed, bonds, the dollar...
Munger’s mental ability is probably up to Buffett’s, and the two can talk as equals. They differ, however, in political views—Munger is a traditional Republican, Buffett a fiscally conservative Democrat—and in demeanor. Though sometimes cutting in his annual report, Buffett employs great tac...
I want to start with just the state of Warren Buffett's mind. We look at the letter for a sense of his zeitgeist, a little bit for the market, a little bit for investing, a little bit for the world. When you were looking and reading through, what did you see in his comments, Ti...
Around October and November 2021, Berkshire Hathaway acquired shares of ATVI at an average price of about $77 a share. This was the decision of either Ted Weschler or Todd Combs, asBuffett corrected. This would indicate that $77 a share would already reflect a margin of safety below intrinsi...
Why Didn’t Buffett Invest? Buffett goes into what is now the famous Ted Williams analogy, outlined in a book called the Science of Hitting. Basically, there are no called strikes in investing. With two strikes, Williams had to swing at the outside corner pitch at the knees that he would...
Organizers have their work cut out for them if they're attempting to match Buffett's record. Starting in 2008, every winning bid for lunch with the investing giant topped $1 million. One past winner, Ted Weschler, received a job offer from Buffett's company after he spent nearly $5....
Buffett has stated that he believes stockholders should think of themselves as "part owners" of the business in which they'reinvesting. Both Hagstrom and Buffett argue that investors will tend to avoid making off-the-cuff investment decisions and become more focused on the longer term by thinking...