澳洲Australia property Warren Buffett "gems" o

在澳大利亚 I need some advice regarding a property purchase. Property - semi-detached house Bedrooms - 2 Condition - average needs internal reno to modernise Street - one of the best in suburb Location - excellent Close to schools - yes Transport - 50m The pool at of an IP needs to be resurfaced (or so the pool doctor says), the cost was estimated to be $10K ($10,000), after recoverying from my impresssion of a cat coughing up a fur ball, it just seems far too much. Its just a standard poo

If you go to Youtube you'll find a series of videos with WB giving a lecture to an MBA class. There's about 10 different videos. You watch them in number sequence. ( One is missing..I think it's no.9) They contain some absolutely "gems" of investing and life balance ... advice from the worlds greatest investor. Take an hour ... definitely recommended to ANY investor.

And it's all FREE !! Gotta love the internet !!


landlubber said: ↑
And it's all FREE !!Click to expand...
Well not completely but we get the gist! ;)  

You're correct Rixter , not completely free ( but free enough for me !!) .... and a whole lot less :)than the $2mill Ken Done paid for his advice ...only to be "fleeced" for $50mill.


Apparently, WB will appear in a US tv show.

March 19, 2008 at 6:35 PM EDT

LOS ANGELES — Billionaire investor Warren Buffett, recently ranked as the world's richest man, will be drawn into a fictional insider-trading scandal in a coming appearance on the television soap opera, All My Children.
Mr. Buffett, 77, will play himself in an episode set to air during the May sweeps ratings period. It will be his second guest turn on the ABC daytime drama, a show spokesman said on Wednesday. His first appearance was in 1992.
Mr. Buffett and the creator of All My Children, Agnes Nixon, are friends, and the investment magnate is a fan of the show, said the spokesman, Mike Cohen.
"He's been waiting for an invitation to come back, and he was speaking to Agnes, and they made it happen," Mr. Cohen told Reuters.
Mr. Buffett's part is being written into a story line of the show involving the character Erica Kane, the vixen entrepreneur and self-styled media mogul played by series veteran Susan Lucci.
Ms. Lucci's character recently pleaded guilty to insider trading – a crime she unintentionally committed – but ended up a fugitive when another convict she was handcuffed to escaped en route to prison.
Mr. Cohen said Mr. Buffett will enter the plot after Erica's capture and imprisonment when he is called upon by their mutual friend, Opal (Jill Larson), to use his influence to try to leverage a deal on Erica's behalf. The outcome, however, is not what Erica had anticipated.
Mr. Cohen said Mr. Buffett will be paid the union scale salary as a day player for his role, roughly $700 (U.S.).
Mr. Buffett told Ms. Nixon recently that he never cashed his check from his 1992 appearance. Instead, he had it framed as an office memento with a photograph from his day on the set, according to Mr. Cohen.
Earlier this month, Forbes magazine ranked Mr. Buffett, the head of Berkshire Hathaway Inc., as the world's wealthiest man with an estimated personal worth of $62-billion.
All My Children is one of the longest-running dramas on U.S. television, airing weekdays for 38 years on ABC, a unit of Walt Disney Co.  

I've just started listening to 'Warren Buffet Speaks' from Audible - enjoying it so far. Great insight into him and his thoughts.  

Warren needs to go back and listen to his own advice, especially
"Derivatives are financial weapons of mass destruction"

Berkshire Profit Falls as Buffett's Derivative Bets Suffer  

This article shows how Buffett is making more risky bets in order to attempt to maintain his performance. Give him credit. He's done very, very well. But long term, he is on a hiding to nothing. Most of his investment is US based. Most of his income is also USD denominated. Thanks to ever growing US debts and huge deficits ( The US is currently $3Bn more in debt every 24 hours ) etc etc both are on a slippery slope to oblivion. He is gradually having the "rug pulled out from under him" by his gov't. Buffet may well be the world's smartest investor but he has "built his house upon the sand". Just like the hair shampoo ...it won't happen tomorrow or the next day ...but it will happen !!

Thanks for the resouce LL, i will check this out later.

Feeling abit burnt out from all the reading on shares stuff and lack of sleep (shift work)



Did Warren make his fortune from property, shares, or a mixture?

Would like to get into shares one day, but it seems like a lot more to get your head around than property.  

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