Jason Zweig

Yeah, exactly. I once asked Buffett what he would have done if he hadn't become an investor. And he said, I probably would have become an investigative reporter.

He bought much larger companies when they had temporarily fallen out of favor, like American Express, The Washington Post, which then was a major public company, Coca-Cola.

He bought much larger companies when they had temporarily fallen out of favor, like American Express, The Washington Post, which then was a major public company, Coca-Cola.

He bought much larger companies when they had temporarily fallen out of favor, like American Express, The Washington Post, which then was a major public company, Coca-Cola.

A large part of Berkshire Hathaway's market value today consists of the private companies that Buffett bought. And that gave him the flexibility of buying in public markets when he felt stocks were cheap, but not having to when he felt they were overpriced. Then he could go to private markets and buy at a negotiated price rather than what he calls the auction price that exists in the stock market.

A large part of Berkshire Hathaway's market value today consists of the private companies that Buffett bought. And that gave him the flexibility of buying in public markets when he felt stocks were cheap, but not having to when he felt they were overpriced. Then he could go to private markets and buy at a negotiated price rather than what he calls the auction price that exists in the stock market.

A large part of Berkshire Hathaway's market value today consists of the private companies that Buffett bought. And that gave him the flexibility of buying in public markets when he felt stocks were cheap, but not having to when he felt they were overpriced. Then he could go to private markets and buy at a negotiated price rather than what he calls the auction price that exists in the stock market.

You know, I think if you're an investor in Berkshire Hathaway, Probably not as significant as you might think. You know, the assets of the company are in place. The investments that Buffett has made over the years are part of the company's holdings. So it's going to run on autopilot based on the decisions he's made over the decades.

You know, I think if you're an investor in Berkshire Hathaway, Probably not as significant as you might think. You know, the assets of the company are in place. The investments that Buffett has made over the years are part of the company's holdings. So it's going to run on autopilot based on the decisions he's made over the decades.

You know, I think if you're an investor in Berkshire Hathaway, Probably not as significant as you might think. You know, the assets of the company are in place. The investments that Buffett has made over the years are part of the company's holdings. So it's going to run on autopilot based on the decisions he's made over the decades.

I think his legacy is that he leaves a really clear roadmap that pretty much anybody could follow if they chose to on how to be a better investor. Ignore the short term fluctuations of the market. Focus on your own long term goals and the potential of the assets you hold to have long term growth. Try to take the other side of the emotions of the market.

I think his legacy is that he leaves a really clear roadmap that pretty much anybody could follow if they chose to on how to be a better investor. Ignore the short term fluctuations of the market. Focus on your own long term goals and the potential of the assets you hold to have long term growth. Try to take the other side of the emotions of the market.

I think his legacy is that he leaves a really clear roadmap that pretty much anybody could follow if they chose to on how to be a better investor. Ignore the short term fluctuations of the market. Focus on your own long term goals and the potential of the assets you hold to have long term growth. Try to take the other side of the emotions of the market.

When the market is euphoric, you should be skeptical. When the market is fearful, you should be optimistic. And above all, you should be patient. And focus on the long run. And, you know, nobody has ever exemplified those principles better than Buffett. And I think he would probably hope that that would be his legacy.

When the market is euphoric, you should be skeptical. When the market is fearful, you should be optimistic. And above all, you should be patient. And focus on the long run. And, you know, nobody has ever exemplified those principles better than Buffett. And I think he would probably hope that that would be his legacy.

When the market is euphoric, you should be skeptical. When the market is fearful, you should be optimistic. And above all, you should be patient. And focus on the long run. And, you know, nobody has ever exemplified those principles better than Buffett. And I think he would probably hope that that would be his legacy.

And certainly he has spelled those principles out very clearly for anyone who wishes to follow them.

And certainly he has spelled those principles out very clearly for anyone who wishes to follow them.

And certainly he has spelled those principles out very clearly for anyone who wishes to follow them.