Buffett dances with money

Berta 2022-04-23 07:05:13

In the early days, Buffett's experience snowballs are described in more detail. Later, after 2005, there are new things.

Buffett has danced with money all his life, accumulating wealth for fun, and I always thought Buffett was extremely rational.

But the death of his father Howard. He got a little out of control at the time and bought Berkshire Hathaway, the company he called a terrible investment. And Susan's death. Susan had been devoted to charity during her lifetime and wanted Buffett to donate money, but Buffett had always been stingy. As a result, after a period of depression, Buffett donated most of his wealth. A man who regarded money as his life donated a large amount of money. part of the wealth.

These two things, I see Buffett's emotional side.

The documentary also describes Buffett's attitude towards frugality, and his values ​​fascinate me.

He is an admirably rich man.

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Extended Reading
  • Katrine 2022-03-15 09:01:11

    The Lite version of Snowball, Laoba has done the best in the matter of investment, and there is not much introduction to Laoba's investment career in this documentary. Most of his life was actually very "twisting". For the sake of compound interest, he regarded his wealth as his life and did not support his wife's charitable cause. The reason is the "Focus" mentioned in the play. For Focus, something must be lost, Susan It is a pity that Laoba finally figured it out after his death

Becoming Warren Buffett quotes

  • Howard Buffett: When he wrote the letter to us, he put something in that letter that was incredibly important to me, which was exactly how our foundation behaves, which is, if you're gonna try to bat a thousand, you won't do very many things that are important. But if you're willing to basically strike out a few times, you can really change something big.

  • Warren Buffett: In my entire lifetime, everything that I've spent will be quite a bit less than one percent of everything I've made. The other 99% plus will go to others, because it has no utility to me.