I don’t buy things in the 300 Million$-400 Million $ range anymore !!Don’t know anyone else on this planet who can make a statement like that.
Categories
Tag: buffett
Categories
Warren Buffett latest interview
Interesting that he compares JP Morgan’s derivative losses with what happened to AMEX in the 1960s.
WB has been one of my heroes and its true that role models play a huge role in how we think.One of WB’s statements “Don’t risk what you have and need for something you don’t have and don’t need” saved me from taking disastrous (in hindsight) decisions.
Categories
Warren Buffett on God
Both he and Bill Gates are agnostic. Soros is an atheist. John Templeton was very religious.Goes to show that investment success does not depend on your religious beliefs.
Categories
What was that again?
“One answer I got from Warren Buffett on a question I asked was most unexpected but the most intriguing to me. In all my following of him, I have never read or heard him say this. I asked him how he was able to drive forward through ups and downs and stay disciplined in his philosophy, which clearly has brought him success, a philosophy that does not follow the crowd and behaves contrary to “popular” feelings. His response on his key to success was his confidence that came from his father’s unconditional love. He told me his father died many years ago and today he still feels sick when he thinks of his dad passing away.At dinner that night though, he was very clear that unconditional love will give a kid a lifetime of confidence and will unleash their potential. Unconditional love is the greatest investment, with the best return on investment that a parent can make.”-said Joseph B. Smith, president and CEO of Smith Brothers who had dinner with Warren Buffett