Warren Buffett on Mistakes, Economics of Business and Valuation

A speech then Q&A with Warren Buffett where he covers topics such as small businesses advantage over big corporations, economics of business and when to sell.

Interview Year 2001

Video Segments below:

Start 00:08
Introduction 00:29
Start of Warren Buffett 4:02
Opening Joke 4:17
Who you should work for 5:59
What classmate would invest in and sell short 7:34
Start of Q&A 12:23
(Question missing) Circle of competence, Economics of business 13:17
How do you find intrinsic value in a company 19:58
Formula used in valuation 23:35
Memorable mistakes 25:40
When to sell 32:30
Buying companies who use tax shelters 37:10
Current state of philanthropy 41:13
Similarities to 1920 market 48:17
Opinions of Federal Reserve 57:35
Advice for small business against big corporations 1:03:15
End of Warren Buffett’s speech 1:12:37
Outro 1:12:38