Warren Buffett MBA Talk - Part 3
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All Comments (155)
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Years ago, in a book I read, Buffett gave away
a recipe for a Hershey chocolate bomb... So,
here is me returning the favour :
Crush Cream Soda + half and half (cream).
The trick is, more soda, less cream. Try the
ratio, 10 : 1. You get this strawberry pink number.
Tastes great, less filling.
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Price is what you pay ; Value is what you get.
Again, you want to eat that which tastes good,
and something may look inexpensive, or be
a "free sample", but turn out to be quite costly.
'Mountain Dew' has to be the worst tasting soda
pop I took a gamble on. But 'Crush Cream Soda'
is still "paying dividends".
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Chewing gum... Your mouth is a very personal space, is it not?
I remember Munger making such a comment. And how Wrigley
chewing gum company has this great moat because a person is
not going to buy the competitor's offering to save a few pennies...
Eat that which tastes good... (Beware of gluttony though.)
Wrigley, I think was bought out by Mars, a privately held chocolate
bar company. I liked 'Big Red'. Wrigley no longer puts sugar in
their gum : They use "aspartame". Liked, past tense.
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@wetyewruyrtsutrdhjfg YUPP :D YOU ARE FULL OF CRAP :D
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what did he say at the end? anybody who gave me the answer i would ...... ??? couldnt get the word seems i dont know it yet
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@AIRTIGHT31 dude !!!! are u serious!!!! ur making a fool out of urself!!!! he is OF THE TOP RICHEST PEOPLE IN THE WORLD!!! its like saying the sun does not exist !!!!
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@AIRTIGHT31 because your a billionaire and he is not right... i think he is plenty qualified to give this speech. Go fuck yourself...
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This muthafuka don't know shit about business
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Warren Buffet's a self made billionaire, he's definitely tons smarter than me. But I'll still disagree with his statement of not getting into the internet business.
He's got a reason why he doesn't understand it - but surely there must be a way to evaluate internet, technology and media businesses. It's probably harder to see the value in intangible assets (such as intellectual property). Still, there's opportunities in these companies.
Ah, pay no attention to my bullshit - I'm full of crap.
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A word that should describe this man other than "Billionaire" is a word thats very well forgotten these days. It's "Gentleman". I don't know him personally (i wish i did) but just the way he speaks can tell you what character he has!
you sir, are a moron. I'm guessing your investments have not performed well in the past year, and well, you probably thought attacking warren buffett was the best way to make yourself feel better. If you had read one-tenth of what this man has read, you'd no longer be wasting the time of youtube visitors who happen to unfortunately stumble upon your incoherent response which shows blatant ignorance of everything that has worked in stock investing.
schn1eck7 2 years ago 32
i like how he's putting in a lot of actual life philosophy into his talk.
oyePhoker 2 years ago 13