Jason Zweig

Yeah, and this is another example of how unusual Buffett was. Of course, today, Nobody would do it this way because you wouldn't need to because there are commercial databases and you could just ask AI to do it for you. But what Buffett did was he had these immense volumes of Moody's industrial manuals, which were these gigantic hardcover books.

that consisted of thousands of pages of financial information on publicly traded stocks. And he started with A, and he read every page until he got to Z. Wow.

that consisted of thousands of pages of financial information on publicly traded stocks. And he started with A, and he read every page until he got to Z. Wow.

that consisted of thousands of pages of financial information on publicly traded stocks. And he started with A, and he read every page until he got to Z. Wow.

And if he liked what he saw in combination with the financial information, he would buy the stock no matter how small it was or how long it took.

And if he liked what he saw in combination with the financial information, he would buy the stock no matter how small it was or how long it took.

And if he liked what he saw in combination with the financial information, he would buy the stock no matter how small it was or how long it took.

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.

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.

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.