Many investors are interested in learning how to invest like Warren Buffet. Warren Buffet’s success over the years lies in investing in great companies at discount prices. Warren Buffet’s personal wealth is now estimated to be over $66 Billion. In 1984, Warren Buffet spelled out in detail his investing philosophy while giving a speech at the Columbia Business School that was later converted into an essay. Many think Warren Buffet is a simple buy and hold investor. But these people miss the point. His investing is much more than that or a way less depends on how you look at his investing style.
This is what he says: “I can only tell you that the secret has been out for 50 years…yet I have seen no trend toward value investing in the 35 years I’ve practiced it. There seems to be some perverse human characteristic that likes to make easy things difficult. The academic world, if anything, has actually backed away from the teaching of value investing over the last 30 years. It’s likely to stay that way. Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace, and those who read their Graham & Dodd will continue to prosper.”
Warren Buffet is the Chairman, President and CEO of Berkshire Hathaway. Charlie Munger is the Vice Chairman. Both of them are great lifelong friend and make their investing decisions together after a lot of deliberation and careful planning. Berkshire Hathaway stock recently crossed the $200,000 per share value. Warren Buffet and Charlie Munger his business partner rarely give an interview together. You can read this article in which both of them talk and give their best advice on their investing philosophy. Watch this Warren Buffet Interview below!
And this interview alongwith Bill Gates in which both talk about success!