Warren Buffett and Charlie Munger have purchased over a hundred businesses, and we can learn a lot from them. Readers who wish to learn more about Warren Buffett’s businesses can review 70 of them in the new book MOATS. It is about the competitive advantages of each business.
This should be made into an audiobook or podcast. Awesome, powerful message. Imagine a society where everyone was working in his TRUE best interest, not money or fame, but for their own long-term good.
This is a model how how we should live our lives and run our businesses.
Greed also has a downside,like oil barons stopping cheaper sources of energy to keep themselves in profit,or medicial companies holding back on cures for fear it will put them out of business.Also capitialism doesnt always produce the best mankind can offer,in games and movies you get alot of mass produced crap because the investors wont take risks on things they cant guarantee turning a profit on.
Plus Atlas Shrugged is not even a good book, insidiously boring and with the character of a standard table spoon. It didn't even make the ABC top 1001 books of all time, and for good reason!
Most people are devoted to it because it's the only book they've bothered to bloody well read in their sad lives.
@SuperAntiZionist Given that you actually think someone would be capable of reading a 1069 page book if it were truly the "only book they've bothered to bloody well read in their sad lives", shows one of two fundamental truths.
Either a) you're an idiot, because you simply do not understand how people learn to read, or b) you've never actually read the book and thus have no idea of how many pages are in the book, therefore making your critique of it useless.
Because I have just proven that you yourself have never read the book; not only that but you accuse others of not having read it to hide your own ignorance!!!
No what you proved is that I don't remember a minor scene in a 1073 page book... So lets play for real... What page are the following on, because I happen to have a posit in my book on each, and each leads into a wonderful bit of meaningful dialog...
"Well first of all, that nationalization - what are you going to do about it?"
"Miss Taggart, do you know the hallmark of a second-rater""
This woman believed that every philosopher since aristotle was wrong about practically everything, while at the same time claiming that there can be no disagreement between rational people. I am genuinely amazed that there are educated people in this world who take this woman seriously.
I recomend Spinoza to objectivists. He made me ashamed that Atlas Shrugged was ever on my bookshelf.
This is one of the most thoughtful, inspirational and applicable lectures I have heard in a very long time! These ten values reminded me of Benjamin Franklin's 13 virtues. I like John's list much better since all of Franklin's are implied and would follow naturally from these ten.
Can someone tell Dr. Allison that he is one of my favorite people for the choices he has made in life and the ideas he accepts and promotes. What a great man. Thank you so much, excellent video!
Warren Buffett and Charlie Munger have purchased over a hundred businesses, and we can learn a lot from them. Readers who wish to learn more about Warren Buffett’s businesses can review 70 of them in the new book MOATS. It is about the competitive advantages of each business.
budlab 2 weeks ago
This has been flagged as spam show
The Truth about Ayn Rand slate.com/articles/arts/books/2009/11/how_ayn_rand_became_an_american_icon.html
kropotkinbeard1 3 months ago
very good presentation.
miamizsun 3 months ago
This should be made into an audiobook or podcast. Awesome, powerful message. Imagine a society where everyone was working in his TRUE best interest, not money or fame, but for their own long-term good.
This is a model how how we should live our lives and run our businesses.
AtlasShruggedify 5 months ago
Greed also has a downside,like oil barons stopping cheaper sources of energy to keep themselves in profit,or medicial companies holding back on cures for fear it will put them out of business.Also capitialism doesnt always produce the best mankind can offer,in games and movies you get alot of mass produced crap because the investors wont take risks on things they cant guarantee turning a profit on.
Whatever4690 6 months ago
Ayn Rand was a psychopath.
Plus Atlas Shrugged is not even a good book, insidiously boring and with the character of a standard table spoon. It didn't even make the ABC top 1001 books of all time, and for good reason!
Most people are devoted to it because it's the only book they've bothered to bloody well read in their sad lives.
SuperAntiZionist 6 months ago
@SuperAntiZionist Given that you actually think someone would be capable of reading a 1069 page book if it were truly the "only book they've bothered to bloody well read in their sad lives", shows one of two fundamental truths.
Either a) you're an idiot, because you simply do not understand how people learn to read, or b) you've never actually read the book and thus have no idea of how many pages are in the book, therefore making your critique of it useless.
So, are you an idiot or a liar?
BringIt2TheMax 6 months ago
@BringIt2TheMax
Aw what's wrong my little baby?
Are you a little grumpy because you have no idea what good literature is? Aww poor thing....
SuperAntiZionist 6 months ago
@SuperAntiZionist Interestingly I'm not shocked as to this being your response; childish, trite, and of no value. So, I guess your not a liar...
BringIt2TheMax 6 months ago
@BringIt2TheMax
QUESTION:
In what setting did Dagny lose her virginity to Francisco d'Anconia?
SuperAntiZionist 6 months ago
@SuperAntiZionist Relevance?
BringIt2TheMax 6 months ago
@BringIt2TheMax
Because I have just proven that you yourself have never read the book; not only that but you accuse others of not having read it to hide your own ignorance!!!
You got caught out bad :)
SuperAntiZionist 5 months ago
@SuperAntiZionist
No what you proved is that I don't remember a minor scene in a 1073 page book... So lets play for real... What page are the following on, because I happen to have a posit in my book on each, and each leads into a wonderful bit of meaningful dialog...
"Well first of all, that nationalization - what are you going to do about it?"
"Miss Taggart, do you know the hallmark of a second-rater""
BringIt2TheMax 5 months ago
continuing:
"I think it's funny. There was a time when men were afraid that some secret of theirs that was unknown to their fellows."
"Have you ever asked what is the root of money?"
"When you felt proud of the rail of the John Galt Line,"..."what sort of men did you think of?"
"You, who would not submit to the hardships of nature, but set out to conquer it and place it in the service of your joy and your comfort"
I'll stop and let U look them up, and learn from the knowledge that follows.
BringIt2TheMax 5 months ago
Excellent presentation, just packed with useful insights. Thank you, John Allison for sharing your knowledge in such an accessible way!
jbfla2006 7 months ago
This has been flagged as spam show
This woman believed that every philosopher since aristotle was wrong about practically everything, while at the same time claiming that there can be no disagreement between rational people. I am genuinely amazed that there are educated people in this world who take this woman seriously.
I recomend Spinoza to objectivists. He made me ashamed that Atlas Shrugged was ever on my bookshelf.
objectivism = malthusian genocide
urdisturbing 7 months ago
This is one of the most thoughtful, inspirational and applicable lectures I have heard in a very long time! These ten values reminded me of Benjamin Franklin's 13 virtues. I like John's list much better since all of Franklin's are implied and would follow naturally from these ten.
MrKeltybroadstone 7 months ago
Dr. Allison is very articulate and there is great value in what he says. Thank you, Dr. Allison and the Ayn Rand Institute for posting this.
kelleynnn 7 months ago 6
Excellent lecture!
jcapcik 7 months ago
Can someone tell Dr. Allison that he is one of my favorite people for the choices he has made in life and the ideas he accepts and promotes. What a great man. Thank you so much, excellent video!
mkloppel 7 months ago
Our world is a better place because of this presentation. Please share!
05121784 7 months ago
inspirational!
arunavagreen 7 months ago
Excellent lecture
justintempler 7 months ago
Awesome lecture. Very well integrated ideas. I rarely say this.
RealLiveDebates 7 months ago
Excellent presentation. One of the best I've seen. Should be a mandatory for all college entrants, maybe even at the junior/senior highschool level.
jesferkicks 7 months ago
I want a boss like John Allison
Twiggy269 7 months ago 14
@Twiggy269 I agree. I hope one day I can be that kind boss!!!
KyleHPlus 6 months ago
Great points on "evasion" being powerfully self destructive.
ToFindHealth 7 months ago
This guy is inspirational.
jonathanaconway 7 months ago
Ive heard John give tthis presentation several times in different venues, but I think this one is the best.
WarVideo 7 months ago