Classic 11 - Warren Buffett’s Biography

A.D.D

46 min

Business Knowledge

Description

IN THIS EPISODE, YOU’LL LEARN:<ul><li>04:02 - How Warren Buffett already read financial statements when he was a kid.</li><li>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.</li><li>24:13 - How a gentleman that counted sheets of toilet paper convinced Warren Buffett to work with him.</li><li>25:41 - Why Warren Buffett never replaces management in the companies he acquires.</li><li>27:04 - How Warren Buffett picked the CEO of Salomon Brothers in a simple, yet very orthodox way.</li><li>41:01 - Ask the Investors: How do you generate ideas for new stock investments?</li></ul> *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES:<ul><li>Check out our five-page executive summary of <a href="https://www.theinvestorspodcast.com/billionaire-book-club-executive-summary/buffett-the-making-of-an-american-capitalist/" rel="noopener noreferrer" target="_blank">Buffett: The Making of an American Capitalist</a>.</li><li>Roger Lowenstein’s book, <a href="https://www.amazon.com/gp/product/0812979273?ie=UTF8&linkCode=ll1&tag=tipnetwork-20&linkId=6bb5af08cd00af24694a00a0ef8e01d0&language=en_US&ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank">Buffett: The Making of an American Capitalist – </a><a href="https://www.amazon.com/gp/product/0812979273/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0812979273&linkCode=as2&tag=pypull-20&linkId=XJXRMOUASBMU55YE#customerReviews" rel="noopener noreferrer" target="_blank">Read reviews of this book</a>.</li><li>Alice Schroeder’s book, <a href="https://www.amazon.com/gp/product/0553384619?ie=UTF8&linkCode=ll1&tag=tipnetwork-20&linkId=b48e7df54329e25d6b489496bff0e986&language=en_US&ref_=as_l

Episodes

Classic 11 - Warren Buffett’s Biography

A.D.D

46:40