TIP484: How Warren Buffett Became the Greatest Investor to Ever Live (Part 2)

IN THIS EPISODE, YOU'LL LEARN:02:49 - How Buffett came around to purchasing Geico.07:45 - Why Buffett’s reputation helped him get a fantastic deal on Nebraska Furniture Mart.10:33 - Why the efficient market hypothesis is partially false.12:13 - How Salomon Brothers nearly destroyed Buffett’s reputation.26:35 - How Berkshire Hathaway faired through the 1999 tech bubble.43:23 - How Buffett foresaw the calamity to occur in 2007/2008 great financial crisis.51:20 - Why Berkshire’s purchase of Apple was perhaps the greatest trade of all time.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSTake a position daily on potential price movements, and gain exposure while limiting risk with Interactive Brokers.Private assets represent 98% of companies in North America but are absent in most portfolios. Reconstruct your portfolio with private markets with Mackenzie Investments.Build a plan that helps you strengthen your financial security with RBC Wealth Management. RBC capital markets LLC, member NYSE, FINRA, SIPC.Find people with the right experience and invite them to apply to your job. Try ZipRecruiter for FREE today.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.See the potential of your business. Find solutions that work for you, that tick bigger boxes and help you grow with Square.Launch your thing into the spotlight and start selling anywhere with Shopify.Invest in high-quality, cash-flowing real estate without all of the hassle with Passive Investing.Throw out the old traditions and get progressive. Discover the complete package - smart design, lots to love under the hood with Genesis.Have gold and silver shipped directly to your door for you to hold at your home. Get BullionMax’s Gold Investor Kit today - 3 ounces of the world’s most desirable gold coins, including the Gold American Eagle and Canadian Maple Leaf.Whether you’re exploring ways to manage volatility, seeking income and diversification opportunities, or looking for tax management strategies- Invesco has over 200 ETFs to help you meet your financial goals. Visit invesco.com for a prospectus with this information.Get position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia’s first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Start building a portfolio of alternative farm and timberland assets with AcreTrader.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Enjoy a 400-calorie meal that contains 40g of expertly sourced, premium plant protein, all 26 essential vitamins and minerals, and a scientifically calibrated mix of carbs, good fats and fiber with Huel Black Edition. Plus, get a free t-shirt and free shaker with your first order.Start printing everything your small business needs and discover the endless printabilities with VistaPrint.When you want to be a better problem solver, therapy can get you there. Get 10% off your first month with Betterhelp today.Invest in your best rest today with Brooklinen and enjoy $20 off your order and free shipping on orders of $100+ with code INVESTORS.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.


by We Study Billionaires - The Investor’s Podcast Network