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Classic 11 - Warren Buffett’s Biography

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IN THIS EPISODE, YOU’LL LEARN:

  • 04:02 - How Warren Buffett already read financial statements when he was kid.
  • 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.
  • 24:13 - How a gentleman that counted sheets of toilet paper convinced Warren Buffett to work with him.
  • 25:41 - Why Warren Buffett never replaces management in the companies he acquirers.
  • 27:04 - How Warren Buffett picked the CEO of Salomon Brothers in a simple, yet very orthodox way.
  • 41:01 - Ask the Investors: How do you generate ideas for new stock investments?


*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.


BOOKS AND RESOURCES:

  • Check out our five-page executive summary of Buffett: The Making of an American Capitalist.
  • Roger Lowenstein’s book, Buffett: The Making of an American Capitalist – Read reviews of this book.
  • Alice Schroeder’s book, The Snowball – Read reviews of this book.
  • Preston, Trey & Stig’s tool for picking stock winners and managing our portfolios: TIP Finance Tool.
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  • Find Pros & Fair Pricing for Any Home Project for Free with Angi.
  • Invest in the $1.7 trillion art market with Masterworks.io. Use promo code WSB to skip the waitlist.
  • Invest in crypto and trade it without tax headaches with AltoIRA.
  • If you’re a sales professional, get every real time advantage you can get with Sales Navigator. Enjoy 60 days of free trial today.
  • Find joy in comfort with Faherty. Use promo code WSB to snag 20% off all your new spring staples!
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  • Live local in Melbourne and enjoy $0 Stamp Duty*!
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  • Support our free podcast by supporting our sponsors.


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