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Home › Blog › Warren Buffett MBA-Talk

Warren Buffett MBA-Talk

Recently I listened to this very interesting MBA-Talk with Warren Buffett:

  • Warren only invests in stuff that he understands
  • He doesn’t trade, he invests!
  • His main decision making source is Annual Reports
  • He only buys at a “good price”
  • He only buys things with the intention to hold them forever (no rule without exception)
  • He holds 8% of Coca-Cola and is absolutely certain that the value of Coca-Cola will increase substantially over the next 20 years, i.e. there is no reason to sell
  • He only invests in simple business models (beverages, sweets, chewing gums, insurances). If he doesn’t understand the industry, he doesn’t invest. He doesn’t invest into technology/internet companies.
  • He can make a purchase decision in 5–10 minutes. He doesn’t overanalyize companies. He doesn’t negotiate very much. When the price that is offered to him is okay, he buys immediately. When he offers a price, it’s often non-negotiable and he expects very fast decisions.
  • He recommends not to listen to stock recommendations. If you do that, you’re playing, and not investing.
  • He still lives in the same house he bought as a 25 year old (see also his bio)

Conclusion:
I will definitely read and listen to more stuff of and about Warren! There are some very important lessons to learn!

PS: The article What Warren thinks… is also quite interesting! (via Morten)

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Tags: Talks, Video, Warren Buffett
Category: Wealth



July 6, 2008May 20, 2020 by Remo Uherek

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