Under the 1974 headline, “Look At All Those Beautiful, Scantily Clad Girls Out There!,” this profile in Forbes magazine captures Warren Buffett’s personality and chronicles the singular path he cut through the investment world. Though the piece is 34 years old, it sheds light on the man behind Berkshire Hathawayas the company’s shareholders meet this weekend in Omaha, […]
Category: Investing philosophy
Buffett on Stocks, Bonds, Commodities and Gold
JOE: Here’s, you know, listening to you talk, though, Warren, when you say with your comments about bonds, that makes me think of financial assets in general, which includes stocks. And I think about the printing presses not only in this country, but around the world. You’ve seen the commercial, cha-chung, cha-chung, cha-chung, with the […]
Stock Investing and Uncertainty
JOE: Warren, we’ve come back — the market’s come back a long way, as you know. And you’ve commented, and I know on any given day you’re not going to say whether it’s expensive or cheap or whatever. But have we fixed enough of what got us into the mess to warrant being back at […]
Businesses – The Great, the Good and the Gruesome
This article is an excerpt from Warren Buffett’s Letter to Berkshire Shareholders, 1984 Let’s take a look at what kind of businesses turn us on. And while we’re at it, let’s also discuss what we wish to avoid. Charlie and I look for companies that have a) a business we understand; b) favorable long-term economics; […]
Buffett’s Philosophy in Buying Businesses
Question: What’s your philosophy in buying businesses? Buffett: The first question I ask is: “Does the owner love the business or does he/she love the money?” It’s very easy to tell the difference. I am proud to be able to provide a safe home for many businesses. It is like finding a home for a […]
The Question of Conservatism
Editorial note: this article is an excerpt from Buffett Partnership Letter, January 24, 1962 The above description of our various areas of operation may provide some clue as to how conservatively our portfolio is invested. Many people some years back thought they were behaving in the most conservative manner by purchasing medium or long-term municipal or government […]
Buffett on Stock Market Forecasting
The following article is an excerpt from Buffett Partnership Letter, July 12, 1966 Ground Rule No. 6 (from our November packet) says: “I am not in the business of predicting general stock market or business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not […]
Betting on sure things
[When asked for the opinions on telecom industries]…I know people will be drinking Coke, using Gillette blades and eating Snickers bars in 10-20 years and have rough idea of how much profit they’ll be making. But I don’t know anything about telecom. It doesn’t bother me. Somebody will make money on cocoa beans, but not […]