TV heads up - Warren Buffett

[Simpo Two]

9.00pm BBC2 tonight - Evan Davis intervies Warren Buffett.

[seaninog]

I was lucky enough to attend this year's Berkshire hathaway meeting in Omaha and I bumped into Evan Davies in a Dairy Queen the night before! I suppose the interview is from then.

[loltolhurst]

looks good

[loltolhurst]

anyone else watching suddenly have a desire to invest?!

[Simpo Two]

Actually I have an idea to kick my useless financial advisors into touch and see if I can sign up with Mr Buffett's outfit.

Thing is - if everybody does it, it will of necessity collapse...

[loltolhurst]

he doesnt sound the most exciting person..

[limpsfield]

Simpo Two said:

Actually I have an idea to kick my useless financial advisors into touch and see if I can sign up with Mr Buffett's outfit.

Thing is - if everybody does it, it will of necessity collapse...

I don't think he is an IFA...!

Just buy Berkshire Hathaway shares

http://www.google.com/finance?q=NYSE:BRK.A

or

http://www.google.com/finance?q=NYSE:BRK.b

Edited by limpsfield on Monday 26th October 21:56

[Simpo Two]

limpsfield said:

Just buy Berkshire Hathaway shares

Mmm but the entire world will be doing that tonight, and that's what buggers things up - like kick'n'rush football

I'd just like to find an investment vehicle that does a bit better than 'slightly less than average'. Don't want an IFA, more of a stockbroker I suppose. Although that reminds me of the tale about the time the stockbrokers got together to compare their luxury yachts. No clients seemed to have yachts though!

[HiRich]

Simpo Two said:

Mmm but the entire world will be doing that tonight, and that's what buggers things up - like kick'n'rush football

Unlikely - BH has outperformed the SP, FT and most other funds consistently for 40 years and hardly anyone here has the faintest idea who Buffett and Munger are. No-one seems to have taken on board their key messages regarding investment term, futility of share price watching and pointless paying of dividends. So holding up a banner saying "These two old giffers know more about investing than Wall Street and the City combined" still won't get much of a response.

[limpsfield]

musclecarmad said:

they are about $80,000 each and anyway,

The B shares in the link above are $3,200

[escargot]

He's an incredibly inspirational chap I thought.

[anonymous-user]

escargot said:

He's an incredibly inspirational chap I thought.

Agreed. Goes with what he believes and not the herd. Kids are brought up understanding the value of stuff - no free ride. Already given away $31b to the Gates Foundation.

Legend!