Warren Buffett interview
195,051
Published 2008-02-07
All Comments (21)
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The great thing about Mr. Buffet is that he a very humble , ethical person. That's part of his success.He doesn't read his own headlines, that's what keeps him so objective.
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Very down to earth guy. He does not fancy his money in cars, houses, parties, etc. He lives a very normal life from what I can see. A man with power who is very down to earth. I heard he was donating most or some of his fortune to charity. 83% was the number I saw somewhere... crazy... Big respect goes to him.
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It is interesting to note his comments on railways where he acknowledges that they are better ways of transporting goods esp if oil goes up. But he also mentions that 'it does not have any incredible future'. After 2 years he simply goes out and purchases a large rail line network Burlington Northern Santa Fe (BNI)
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Warren Buffett is perfect
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He actually still lives in the first house he ever bought, which is valued at an incredibly modest $700,000 today.... A far cry from the 100 room $1 billion dollar palace he could afford.
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The guy's genius! Funny how people only pay attention to him in times of fear.
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warren buffet is awesome. Great dude.
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@shadowgeyser warren buffet has written books? plz tell me the titles if u know
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people here have so much bad to say about this man........i don't know whether he is really a genius or it just happened like many things in human history have, but just think of this guys, unlike many other rich people, this person has become rich just by investing the money in right way, without starting a company out of his own thoughts, without having any unique selling point, without having any great invention to his credit..........he has become rich just by investing right, wow.
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these sort of people should be rich because he cares about other ppl since he is constantly donating... like other rich men who tries to take advantage of poor...
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With news overnight that the world's most respected investor Warren Buffett has offered to buy the right to insure bond offerings from American local governments. This gave Wall St a boost. That's because the current insurers of these bonds are in deep trouble because of heavy losses they made insuring more complicated bonds and derivatives linked to sub prime mortgages.
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@liagarden that's his capital gains tax. the U.S. does not have a regressive tax rate, it has a progressive tax rate...BUT it has major loopholes, and those loopholes need to be fixed.
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I wish I could meet him
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@TheNondiscriminatory Not pays more taxes. Pays a lower rate. His rate is 17% (a few million); her rate was 25%. Definitely not fair.
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Buffett is a firm believer in building your own capital and working on your own steam as it creates the best people. Think about it. If he decided to not donate most of his fortune his kids would end up with $60 billion. Which is fine, I'm sure his kids are wonderful people. But what if they aren't? A family with $60 billion can do a lot of damage and have a lot of pull for good or bad.
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@pmthiru Burlington isnt CN Rail, Burlington is/was a better business than CN Rail. CN Rail isnt a bad business it just doesnt have any advantages that its competitors havent already picked up on/have themselves. That was a good move on his part though.
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a great man and a fantastic investor. however, i just wonder if perhaps we are now in a new paradigm, and that WB did not see at the time of this interview how very bad the global is looking.
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I don't get it.
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This man would be rich without money!
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he has a conscience.. he believes in neutrality... and a sense of well being for everyone.. u must be the type of people that eats lobster while watching your neighbor starve...
