Warren Buffett Quotes And Documentary By BBC

May 16, 2010 · Filed Under Business and Marketing · Comment 

Warren Buffett is the greatest investor of all time. His decisions about buying shares and companies have beaten the stock market year after year and made him the richest person in the world, his Berkshire Hathaway Inc is probably the only ‘fund’ that outperforms the S&P index. Watch this BBC documentary – The World’s Greatest Money Maker: Evan Davis meets Warren Buffett – 1 of 6

Warren Buffett lives modestly in his native Omaha, in America’s mid-West, and runs his 150 billion dollar business with a staff of just twenty. Evan Davis meets him to find out about his unique investment strategy and his eccentric lifestyle. He talks to Buffett’s family, friends and colleagues about the man they call the Sage of Omaha, and Buffett’s friend Bill Gates praises his philosophy of life. Quotes from Warren Buffett:

  • We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.
  • Gold gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.
  • I never buy anything unless I can fill out on a piece of paper my reasons. I may be wrong, but I would know the answer to that. “I’m paying $32 billion today for the Coca Cola Company because…” If you can’t answer that question, you shouldn’t buy it. If you can answer that question, and you do it a few times, you’ll make a lot of money.
  • If you don’t feel comfortable owning something for 10 years, then don’t own it for 10 minutes.
  • We get smarter in many ways, we don’t get smarter emotionally.

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