Value Investing, Videos

Warren Buffett on Good Businesses, Investing and the Economy

Published on Oct 30, 2016

An interview and Q&A with Warren Buffett. In this interview Warren discusses what makes a good business and explains what he finds so attractive about businesses with a high rate of return on tangible assets. Warren also goes on to discuss Hilary Clinton, investing and his thoughts on the price levels in the economy.
[buffet]
Video Segments:
0:00 Introduction
0:24 What makes a good business?
3:10 Are banks good businesses?
6:22 Current price levels of the market ?
9:02 Hilary Clinton
9:45 Who is going to be her opponent?
10:18 Is Hilary going to win?
10:53 Have you had any cyber security problems?
14:45 Hank Greenberg trial?
20:24 Political deadlock in Washington?
23:19 Start of Q&A
23:30 View on the economy?
28:18 When to “throw in the towel” in investments & businesses?
34:14 How much of a problem is home building?

Interview Date: 7th October , 2014
Event: Fortune’s Most Powerful Women Summit
Original Image Source: http://bit.ly/WarrenBuffettF

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0:13
night they said morning and i'm going to
0:17
be asking some questions as usual and we
0:20
will go to the audience a little bit
0:21
later so get your questions Warren I'm
0:26
going to start unusually with current
0:28
events because last week you announced
0:31
that you were buying the fifth largest
0:33
auto insurance auto insurance auto
0:36
dealership in the country van tile group
0:39
of things now there may even be some
0:41
people in the audience who think of the
0:43
car business as epically channel
0:46
challenge but at any rate what I'd like
0:49
you to do is spend a a paragraph or two
0:54
talking about what why Buffett standards
0:57
is a good business and then go into why
1:00
does the car dealership business look
1:03
like a good business to you a good
1:05
businesses and one that turns a high
1:07
rate of return on on tangible assets
1:09
very simple
1:11
that's pretty simple yeah and and the
1:14
very best businesses are the ones that
1:16
earn a high rate of return on tangible
1:18
assets and and grow but even ones that
1:22
don't roll there i return on tangible
1:25
assets and then of course you if you
1:26
don't pay too much they can be a good
1:29
investment they're good business to
1:30
start with by the high returns if you
1:33
pay too much for him you can turn a a
1:35
good business into a bad investment but
1:37
if you can appropriate price you can you
1:41
can do all right now the big mistake
1:43
which we made in areas was to try and

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