TIP482: How Warren Buffett Became the Greatest Investor to Ever Live (Part 1)

IN THIS EPISODE, YOU’LL LEARN:

• 00:08:46 - Who the key figures were in Buffett’s development as an investor.
• 00:09:58 - Benjamin Graham’s definition of an investment.
• 00:10:21 - What it means to invest with a margin of safety.
• 00:22:23 - What cigar butt companies are and how they made Warren a fortune.
• 00:28:59 - How Charlie Munger helped shape Warren’s investment approach.
• 00:44:29 - Why Buffett loved the insurance business.
• 00:45:57 - How Warren Buffett’s investment partnership achieved a 31% annual return without a single losing year.
• 00:49:40 - Why buying a candy company was a critical moment in Buffett’s investment career.

Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.

BOOKS AND RESOURCES

• Alice Schroeder’s book – The Snowball.
• Robert Hagstrom’s book – The Warren Buffett Way.

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