Collection: Warren Buffett - #24 Investing 'Derivatives II'

Video Link: https://youtu.be/li7pBqvi2Vo [My Takeaway] Berkshire Philosophy: Management: Let the outstanding managers do their jobs and not second-guessed their actions all the time. Intellectual Capital: Management ability in managing the business is also an intellectual capital. [Full Videos of Berkshire Hathaway Annual Meeting 1997] https://buffett.cnbc.com/1997-berkshire-hathaway-annual-meeting/ [ABOUT - Collection: Warren Buffett] Whenever, I search up on fund managers that practice value investing. All of them done 1 common thing that is, they study whatever they can about Warren Buffett from his annual letters, annual meeting or even interviews. Hence, I decided to do the same and share it together with all of you so that we can learn and grow together :) <<Collection>> Check out all Collection: Warren Buffett, click ↑↑↑ [My 2 Cents] "Yeah. We look for brains and energy and integrity in people that we work with. And if you get that combination and you’re in a decent business, you know, you can own the world." ~Warren Buffett

Video Link: https://youtu.be/4d2LgOb6g5Q [My Takeaway] 1. Focus on what the business is worth. Marco factors have nothing to do with investing when it comes to investing into a business. 2. Test whether you are buying a business; Ask yourself, would I be happy buying this stock if the market closed for five years? If you said "Yes," then you are buying a business. If you don't said "Yes," then you may not be focusing on the proper thing. [Full Videos of Berkshire Hathaway Annual Meeting 1997] https://buffett.cnbc.com/1997-berkshire-hathaway-annual-meeting/ [ABOUT - Collection: Warren Buffett] Whenever, I search up on fund managers that practice value investing. All of them done 1 common thing that is, they study whatever they can about Warren Buffett from his annual letters, annual meeting or even interviews. Hence, I decided to do the same and share it together with all of you so that we can learn and grow together :) <<Collection>> Check out all Collection: Warren Buffett, click ↑↑↑ [My 2 Cents] 'Key thing in economics, whenever somebody makes some assertion to you about economics, you always want to say, “ And then what? ” ~Warren Buffett

Video Link: https://youtu.be/UAjQRwdUqIg [My Takeaway] "In terms of making a commitment to really being a business that you’re only in it for the money, I think that’s crazy. And if we were in this only for the money, you know, we’d have quit a long time ago, obviously. It just — you ought to have fun while you’re doing it." ~Warren Buffett [Full Videos of Berkshire Hathaway Annual Meeting 1997] https://buffett.cnbc.com/1997-berkshire-hathaway-annual-meeting/ [ABOUT - Collection: Warren Buffett] Whenever, I search up on fund managers that practice value investing. All of them done 1 common thing that is, they study whatever they can about Warren Buffett from his annual letters, annual meeting or even interviews. Hence, I decided to do the same and share it together with all of you so that we can learn and grow together :) <<Collection>> Check out all Collection: Warren Buffett, click ↑↑↑ [My 2 Cents] Takeaway 2: "Getting the fundamental mental tools in place. And I always believe in running reality, as it comes in, preferably vicariously through the newspaper, et cetera, instead of through personal painful experience, through the filter of these sound ideas. And I not only think that that works in life to create success, I think it makes life more fun." ~Charlie Munger