2 years, 9 months ago

How Warren Buffet was saved from making a bad business decision

Sometimes a little advice can save your day. And 71 years down the line, the veteran investor refers to it as ‘the best advice he ever got.’ His mentors were his father Howard Buffett and teacher Ben Graham. When senior Buffett and Graham came to know of his plan, they stopped him saying it was a bad time to start. "One thing on their minds was that the Dow Jones industrials had been above 200 all year, and yet there had never been a year when it didn't sell below 200," Warren Buffett had told Fortune magazine in 2005 for their compilation titled "The Best Advice I Ever Got". But they didn't say that to me; they said the other.” Following this, Warren Buffett returned to his native Omaha to sell securities at his father's firm.

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Warren Buffett sours on banks and likes gold
4 years, 8 months ago

Warren Buffett sours on banks and likes gold

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Gold

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