Warren Buffett

I watched the Warren Buffett programme on the BBC last night (in real time!).  It’s a really interesting programme, definitely worth a watch.  Catch it on iPlayer here:

http://www.bbc.co.uk/iplayer/episode/b00nn7vs/The_Worlds_Greatest_Money_Maker_Evan_Davis_meets_Warren_Buffett/

Some thoughts following watching the programme:

– from a management perspective, he is the master of positivity and praise (lots of managers saying things like “after he said that about me, I knew I wouldn’t let him down”)

– he doesn’t eat vegetables (bad Warren – eat your vegetables kids!)

– investing is *different* to speculating and there seems to be some benefit to not being caught up in all the hype both intellectually and physically

– leverage seems to be the root of all evil (perhaps we should have listened to Warren a while ago?)

– he gets cheaper cars because they are hail-damaged

Is he the most prudent man in the world?  Probably.

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