A documentary following the life of the worlds greatest investor, Warren Buffett. This documentary combines key moments from Warren’s life with his worlds of wisdom on how to become a better investor.
ADW Capital’s 2020 letter: Long CDON, the future Amazon of the Nordics
ADW Capital Partners was up 119.2% for 2020, compared to a 13.77% gain for the S&P 500, an 11.17% increase for the Russell 2000, and an 8.62% return for the Russell 2000 Value Index. The fund reports an annualized return of 24.63% since its inception in 2005. Q4 2020 hedge fund letters, conferences and more Read More
1:40 Body has to last a lifetime
4:29 Love of numbers and reading/ Childhood
7:05 Compounding/ Berkshire Hathaway
9:28 Early Life/ First investment experiences
18:00 Two rules of investing/ Value investing
20:05 Meeting Susan
21:40 Dale Carnegie
24:12 Omaha/ First Partnership
27:46 Children/ Becoming a Democrat
32:26 Circle of competence/ Buying Berkshire
35:40 Father’s Death
38:31 Charlie Munger/ Changing investment philosophy
42:37 Becoming chairman of Berkshire Hathaway
45:10 Becoming friends with Bill Gates/Focus
47:30 Losing Susan
53:33 Building Berkshire Hathaway/ Becoming Rich
59:04 Salomon Brothers
1:05:19 Berkshire Hathaway's Shareholder meeting
1:09:12 Susan's Death
1:16:50 Bill & Melinda Gates Foundation/Philanthropy
Interview Date: 30th January 2017
Original Image Source:http://bit.ly/WBuffettDoc
Also see The Warren Buffett Way
Warren Buffett is the most famous investor of all time and one of today’s most admired business leaders. He became a billionaire and investment sage by looking at companies as businesses rather than prices on a stock screen. The first two editions of The Warren Buffett Way gave investors their first in-depth look at the innovative investment and business strategies behind Buffett’s spectacular success. The new edition updates readers on the latest investments by Buffett. And, more importantly, it draws on the new field of behavioral finance to explain how investors can overcome the common obstacles that prevent them from investing like Buffett.
New material includes:
- How to think like a long-term investor – just like Buffett
- Why “loss aversion”, the tendency of most investors to overweight the pain of losing money, is one of the biggest obstacles that investors must overcome.
- Why behaving rationally in the face of the ups and downs of the market has been the key to Buffett’s investing success
- Analysis of Buffett’s recent acquisition of H.J. Heinz and his investment in IBM stock
The greatest challenge to emulating Buffett is not in the selection of the right stocks, Hagstrom writes, but in having the fortitude to stick with sound investments in the face of economic and market uncertainty. The new edition explains the psychological foundations of Buffett’s approach, thus giving readers the best roadmap yet for mastering both the principles and behaviors that have made Buffett the greatest investor of our generation.