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Classic 11 - Warren Buffett’s Biography

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IN THIS EPISODE, YOU’LL LEARN:

  • 04:02 - How Warren Buffett already read financial statements when he was kid.
  • 12:05 - Why Warren Buffett was sitting behind the counter at the local steakhouse collecting receipts, and how that lead to one of his best investments.
  • 24:13 - How a gentleman that counted sheets of toilet paper convinced Warren Buffett to work with him.
  • 25:41 - Why Warren Buffett never replaces management in the companies he acquirers.
  • 27:04 - How Warren Buffett picked the CEO of Salomon Brothers in a simple, yet very orthodox way.
  • 41:01 - Ask the Investors: How do you generate ideas for new stock investments?


*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.


BOOKS AND RESOURCES:

  • Check out our five-page executive summary of Buffett: The Making of an American Capitalist.
  • Roger Lowenstein’s book, Buffett: The Making of an American Capitalist – Read reviews of this book.
  • Alice Schroeder’s book, The Snowball – Read reviews of this book.
  • Preston, Trey & Stig’s tool for picking stock winners and managing our portfolios: TIP Finance Tool.
  • Get in early on medical technology, breakthroughs in ag tech and food production, solutions in the multi-billion dollar robotic industry, and so much more with a FREE OurCrowd account. Open yours today.
  • Find people with the right experience and invite them to apply to your job. Try ZipRecruiter for FREE today.
  • Find Pros & Fair Pricing for Any Home Project for Free with Angi.
  • Invest in the $1.7 trillion art market with Masterworks.io. Use promo code WSB to skip the waitlist.
  • Invest in crypto and trade it without tax headaches with AltoIRA.
  • If you’re a sales professional, get every real time advantage you can get with Sales Navigator. Enjoy 60 days of free trial today.
  • Find joy in comfort with Faherty. Use promo code WSB to snag 20% off all your new spring staples!
  • Canada’s #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.
  • Live local in Melbourne and enjoy $0 Stamp Duty*!
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  • Support our free podcast by supporting our sponsors.


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