Terry College of Business, 2001.
At the FORTUNE Most Powerful Women Summit in Laguna Niguel, Ca., in early October, Warren Buffett talked with FORTUNE senior editor at large Carol Loomis about the Buffett Rule — and explained the thinking behind it.
Warren Buffett speaks to UGA students
@philipjterry Buy low. Sell high. Rise early, work hard, strike oil. Be simple. Be good. Be true.
The truth indeed. Hats off for Mr. Buffet.
At minute 30 he talks about it being a mistake that he passed on Fannie Mae and that he could have gotten it for cheap. This speech was in 2001. 9 Years later it turned in to a crappy investment. So maybe skipping on it wasn’t that bad after all.
@mattort45 Good rational calculations my friend.You seem
to be good investor.
thanks
@Bmayo27 i love that man too!!! pure brainpower!!!
A brilliant man. He invests wisely and has learned that investing in yourself and others is most important. His billions are nothing in comparison to his wealth of knowledge and concern for people and doing what is right.
I am shocked as to the number of views on this video. The Buffettmeister is such an idol to me I can’t even put into words. I’ve been following him since 2006. His partner Munger is more my style though. Buffett is the stock guru that I aspire to be. I always say if I could just get a sliver of what he has I will be content. I am working on that right now.
This should have more views!!!…..this is a perfect master-class on investing, living with a sense of humor, everything!!! I love that man!
@philipjterry I feel the same man
I guess humor comes with success as well. …interesting how vocal this genius is
:-)))
The Terry College is completed supported by big corporations , Coca Cola being one of them.
The 9,935 views for this video probably reflects just how many investors today actually use Buffett’s philosophy of value investing. Majority of investors today don’t read financial statements or even learn about the company they invest in. These 9,935 viewers have a better chance at succeeding in the markets because everyone else is investing with emotions rather than knowledge.
Hey he knows the Heisenberg principle!
Or at least he knows enough to mention it.
@polevaultrockstr the percentage of silver used for industrial is very small and has very little impact on silver if any. Gold and diamonds are used for a couple of industrial uses, but its so small it doesnt have any real impact. The price of gold and silver is determined by pure speculation. A couple of months ago they raised margin maintenance on silver and silver dropped 25%. What percentage of silver is actually delivered on the futures market? People are betting air not silver.
@DeTr0iTiGeRs did you even watch the video? he spent over 10 minutes talking about a self made woman that couldn’t read or write. As much as I’m sure he believes in education, getting one and then not using it (i.e. working at McDonald’s or punching numbers into a computer all day) would be a waste. That is what I believe weekly is trying to say with college being a waste of time.
@DeTr0iTiGeRs its basic supply and demand. If more people want to use it for things, and there is less of it, the price will have to go up in order to protect the supply. Either that or we use it all up and then have none left. Which one do you see happening?
@DeTr0iTiGeRs silver is used in countless different technologies, and has no real replacement. Its intrinsic value is that it allows us to shoot missiles, watch TV, purify water. Unless you think this is all just going to stop being made, we will need silver in the future, and it is running out. The US geological survey came out a few years ago saying that silver will be the first element to become extinct from the earth. With its uses increasing everyday, the demand WILL push prices up.
@DeTr0iTiGeRs “Gold and the Dow will never again have a one to one ratio.” Good luck with that prediction, I hope your right, but I really doubt it.
@DeTr0iTiGeRs Mr. Buffett is a large stock holder in New York Mellon, the trustee of the SLV etf. At any time they have the ability to close down the trust, keep the silver and give out paper to all of the suckers. He might not hold silver in his hands, be he is not an idiot. He is one decision away from owning all of the silver in the SLV.
@kiddcoder Sure you can value the dollar by what good or service you can get for the money. Is an ounce of gold really worth 2 ipads and a mini mac or only 2 ipads? If i buy gold today and everyone decides its overpriced and it falls like in 80’s, it might take 25 years to get back to even just in nominal terms. I would rather hedge against the dollar than buy gold at this point. Right now you can buy a decent house that costs less than a decent car, thats where I wanna be.
@DeTr0iTiGeRs Also I don’t think of gold as a true investment but as a means to preserve capital.
@DeTr0iTiGeRs Can you calculate the value of a paper dollar? Until real interest rates go up (as occurred in the 1980s), gold will remain a solid investment. Why would you hold cash when the return on savings is less than the rate of inflation? I’m not saying that gold is superior to quality companies, but that gold is superior to fiat currency and treasuries.
amazing video …26 people know their circle of trust !!!
only 3069 views for an hour and 17 mins of pure money making skills. There are answers worth billions of dollars for something that is free!!!
@TheWeeklyTelegram Do you understand the point stocks KILL commodities long term? Right, so why would you buy gold if it is getting closer to the 1:1 ratio, won’t you short gold then? Wasn’t the best time to buy gold, when it had a high ratio, not when it was small? Gold and the dow will never again have a one to one ratio so you are just gambling before the economy comes back and people forget about gold and silver again. Again you can’t calculate the value of one ounce of gold=gambling
Yeah, but not all in the Forbes 400 are American, so not all could contribute to tax payment.