64 TIP: Warren Buffett

In this episode, Preston and Stig review the best selling book, Buffett: The Making of an American Capitalist, by Roger Lowenstein. This book is a comprehensive look at how Buffett started-off selling newspapers and evolved into being one of the most successful business leaders of all time. This is a great episode if you are looking to hear insider stories about the legendary investor.

IN THIS EPISODE, YOU’LL LEARN:
– How Warren Buffett already read financial statements when he was kid
– Why Warren Buffett was sitting behind the counter at the local steakhouse collecting receipts, and how that lead to one of his best investments
– How a gentleman that counted sheets of toilet paper convinced Warren Buffett to work with him
– Why Warren Buffett never replaces management in the companies he acquirers
– How Warren Buffett picked the CEO of Salomon Brothers in a simple, yet very orthodox way
– Ask the Investors: How do you generate ideas for new stock investments?

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