Question: What is the ideal business? Buffett: The ideal business is one that generates very high returns on capital and can invest that capital back into the business at equally high rates. Imagine a $100 million business that earns 20% in one year, reinvests the $20 million profit and in the next year earns 20% […]
Category: Articles & Speeches
Buffett Wharton Speech
Notes on meeting with Warren Buffett on October 10, 2003 On living a successful life Look among your classmates/colleagues and ask yourself “If I could purchase 10% of anyone’s income, who would I choose?…..If I could short 10% of someone’s income, who would it be?” Ben Graham used this exercise quite extensively. Ask yourself the […]
Warren Buffett: I Haven’t Seen As Much Economic Fear In My Adult Lifetime
Buffett CNBC interview 1 Oct 2008 Charlie Rose: We are in San Diego, California this afternoon for a conversation with Warren Buffett. He is a man congressional leaders, the administration, and the Federal Reserve want to talk and talk to. He is the legendary chairman and CEO of Berkshire Hathaway. Its success has made him the […]
Who Really Cooks the Books?
By Warren E. Buffett Published: July 24, 2002 There is a crisis of confidence today about corporate earnings reports and the credibility of chief executives. And it’s justified. For many years, I’ve had little confidence in the earnings numbers reported by most corporations. I’m not talking about Enron and WorldCom — examples of outright crookedness. […]
Warren Buffett Memo to All Stars
To: Berkshire Hathaway Managers (“The All-Stars”) From: Warren E. Buffett Date: September 27, 2006 The five most dangerous words in business may be “Everybody else is doing it.” A lot of banks and insurance companies have suffered earnings disasters after relying on that rationale. Even worse have been the consequences from using that phrase to […]
Q&A with Warren Buffett at Berkshire Headquarters
December 2, 2005 University of Kansas Business School Students – Q&A with Warren Buffett at Berkshire Headquarters Laptops were not allowed, so these notes are a product of the speed of my writing and my memory (egads!). They have been crossed checked with other students, so while the quotes will not be exact, I believe […]
Warren Buffett on Squawk Box May 7, 2012
Warren Buffett appeared live on CNBC’s Squawk Box on May, 7, 2012 http://www.cnbc.com/id/47322740 Announcer: This weekend Warren Buffett faced tens of thousands of Berkshire Hathaway shareholders. Today he faces SQUAWK BOX. Plus, in depth conversations with Berkshire board members Charlie Munger and Bill Gates. This is a special presentation of SQUAWK BOX live from the […]
Governor Schwarzenegger Discusses the Economy with Warren Buffett
Wednesday, 10/22/2008 Governor Schwarzenegger Discusses the Economy with Warren Buffett at the 2008 Women’s Conference CHRIS MATTHEWS: The stock market dropped 350 points this morning. What should people do here, do now, today, as they make their investment decisions from here on out, Mr. Buffet? WARREN BUFFETT: Well, I have no idea what the stock […]
Warren Speaks to students at Emory University
Notes From Buffett Meeting 2/15/2008 Note: Students from Emory’s Goizueta Business School and McCombs School of Business at UT Austin were invited to come visit Mr. Buffett for a Q&A session. These notes were reproduced to the best of my ability as I heard and as I could recall them from a collection of mine […]
Warren Buffett’s discussion on CNBC on June 24, 2009
This is a transcript of Warren Buffett’s discussion on CNBC on June 24, 2009, with Becky Quick. BECKY QUICK: We are here at Smith & Wollensky where Warren Buffett is paying off last year’s winner for this auction. This is, right now there’s another auction underway. And this is the tenth year in a row […]
Buffett Speaks at Emory University’s Goizueta Business School
The following are notes from Dang Le an MBA student at Emory University’s Goizueta Business School on 2/26/09 Students from Emory and 5 other business schools were invited to come visit Mr. Buffett for a Q&A session. These notes were reproduced to the best of my ability as I heard and as I could recall […]
Warren Buffett on What’s Next in the Payments Industry
To kick off the launch of PYMNTS.com, the “Oracle from Omaha” weighs in on what’s next in the payment industry and the economy at large. Business Wire CEO Cathy Baron Tamraz sits down with Mr. Buffett in an exclusive interview. The following is a transcript of the video . CATHY BARON TAMRAZ: Greetings from San […]