Warren Buffett - Notes from the Berkshire Hathaway Annual Meeting
Finally catching up on my backlog of Warren Buffett material:
Matt Stichnoth at Tom Brown's Bankstocks.com has thrown his notes from the Berkshire Hathaway April 30, 2005 annual meeting up on the internet. Buffett spends an incredible amount of time reading. I've read that up to 80% of his day is spent reading; 10-K's and 10-Q's seem to be his essentials. Buffett offered simple but important advice to those in attendance at the annual meeting: Constantly look for opportunities, learn every day, start early and young, and read everything in sight.
Here's the excerpt from Buffett:
...My advice is to read everything in sight, and to start young. If you start young and read a lot, youll do well.
There are no secrets to investing that only some select priesthood knows. Successful investing requires a quality of temperament, not a high IQ. You need an IQ of 125, topsanything more than that is wasted. But you do need a certain temperament, and must be able to think for yourself. Then constantly look for opportunities. You can learn every day. You cant act every day, but you can learn every day. Its like any game, if you enjoy playing it, youll do well. But start early, and follow a framework thats been successful.
In an earlier post I referenced Bob Olstein and his Financial Alert Funds success since 1995, returning 16% per year. The following is a transcription of Olsteins appearance on the Fox News Channel show Bulls and Bears on Saturday June 11, 2005. Keep in mind ... Read
VInvesting.com has put together a "Warren Buffett Zone". The page is a collection of Berkshire Hathway annual meeting notes from several sources, going to back to 1994. Fat Pitch Financials has a list of links to notes from the 2005 annual meeting. I found ... Read
To continue with what has become somewhat of a visits with Warren Buffett series today we've got the University of Chicago Graduate School of Business meeting with Warren Buffett. Andrew Van Fossen writes the story for the GSB News. Here's an excerpt: 'To further describe ... Read
Came across another Warren Buffett visit summary. This time the Tuck Investment Club paid the Oracle of Omaha a visit. In my mind, the most noteable takeaway from this visit was this advice he gave to the students on success: Buffett's Introductory Speech (paraphrased): If ... Read
