Warren Buffett MBA Talk - Part 9

He is an extremely shrewd businessman who knows his things! Thats how he makes money. He is cold, he is direct and focussed on what he does. So he makes a lot of money.

In his personal life, he aint doing so well. Its funny how he never gave his kids any money but hands out billion dollar checks to other businesses without any "consultants and lawyers" checking out the financials.

The increase in company earnings referred to by Mr Buffet is due to the rip off financial market, a mirage fabricated by the banker bobos for which ordinary workers will be paying for decades.
So open another beer Mr Buffet and pay the consequences.

Warren buffett seemed to have made the right decision not getting into real estate. As he said earlier 'say within your circle of competence'

Who is to say he's not "in real estate business"? As Ray Kroc, founder of McDonald's said "what's my business?". A student answered selling hamburgers, and he said no, real estate. Every McDonald's location is strategically placed in a busy area, be it foot traffic or on an important intersection. Since Buffett isn't a "stock picker", he's a business owner, he IS in real estate.

3. Thirdly, Do you know that people get addicted to Coke, Mountain Dew and other high caffeine/high sugar drinks? If U know anyone who MUST drink Coke everyday, quietly take them aside and ask them if they always feel on edge. Ask them if they are taking anti-depressants to try to feel normal again.
Take it from me - Coke screws U up!

but it is their choice to drink it that much...it'll screw you up insofar as you allow it too

1. First, Most people don't know it's so dangerous. My buddy used to use Coke to clean the corrosion from the spout of a beer machine. Get a Coke bottle, read the ingredients, and do a Google search for those chemicals. Two are acids - phosporic acid + benzoic acid.
2. Secondly, I work in the media and no-one is going to criticise these big companies else they'll lose their advertising. Just coz it's allowed, doesn't mean it's right.

I've used coke to clean off corroded connections to my car battery, works wonders!

exactly!

Tried to give you the thumbs up, gave you the thumbs down. My bad.