The World's Greatest Money Maker: Warren Buffett
Warren Buffett is the greatest investor of all time. His decisions about buying shares and companies have beaten the stock market year after year and made him the richest person in the world - thought to be worth 37 billion dollars.
Yet Buffett lives modestly in his native Omaha, in America's mid-West, and runs his 150 billion dollar business with a staff of just twenty.
Evan Davis meets him to find out about his unique investment strategy and his eccentric lifestyle.
He talks to Buffett's family, friends and colleagues about the man they call the Sage of Omaha, and Buffett's friend Bill Gates praises his philosophy of life.
As the greed of the super-wealthy is widely criticized in the current financial crisis, Davis asks whether Warren Buffett is the acceptable face of the filthy rich.
what? Bangladesh is ranked 152 in gdp out of 300 countries?? Is buffet losing his mind these days? BD has 22 billion in FX reserve, more than some European bankrupt countries!
just because a millionaire donates to a charity doesn't necessarily make them generous. When someone who is worth BILLIONS gives away 1%, or less, of their money, that's far from being generous; it's nothing more than a PR move. Omaha has the most fortune 500 companies of any state in the U.S, so it makes sense that would want to reside in his hometown. Remember, he's one of the Super Rich, top 1%. so his opinions are skewed to make people like him look good
He is my Idol :) G'pa Buffet
What about "Howard Hughs"?
Buffet wouldn't be rich if he was born in Africa or Bangladesh. He owes almost everything to the US and the American people. However, he decide to give away is money to Africa instead of the American people. This is completely unfair and illogical.
I got 1 thing he may be super clever doing the right investemnts but he s super stingy too!
An excellent role model of which the whole world should try to emulate. If our bankers and politicians were only half as smart and as honourable as Mr. Buffet, our world would be a far better place for one and all.
he coulda given his kids some cash. damn greedy cocksucker
20 people's team take up 150bl business,,,,,, Good Work
20 people's team take up 150bl business,,,,,, Good Work
Eww! Did Charlie Munger have a booger in his nose in the last ten minutes of this documentary?
WE are in a transition stage from a capitalist to corpratist system....The last time (as far as i know) there was a corpratist system was in Nazi Germany....
i dont every comment on documentarys, but this is worth a watch , great doco , entertaining
We all live with our own burden. Some it's money, some it war, some it's abusive relationship, some are physically challenge.There are so many ways to see suffering, when i see an old man going about his life, with his hands in receiving motion and the other in giving motion...i say...good for you buddy! Spread it since it comes your way.
Sycophancy at its worst from those on the payroll. No surprise to hear that as a teen Buffett was a shoplifter and later an asset stripper. His son was clearly putting a spin on the possibility of not getting his fathers loot and now not having $60 million, having sold his shares in the "family firm", which looks like a nightmare to work for. 'Grandfather of the company'? Sends shivers down my spine.
share your blessings to the poor like me...
He is just a sucess story woven to lure the retail into market,look at Nikkei it made a all time high in 80's at 35000 and it trades currently at 9500,dubai made a life time high at 6000 currently trades at 1500,Shangai made a high of 6000 currently trades at 3000................Stock markets are nothing but a game of Pump and Dump....it is nothing but a daylight robbery,it is a scam...........I hardly find anyone who invest in the stock for the dividend payout,everybody wants to exit at higher prices,everybody is in collision to loot you wheather it is banks,fin institutions,media they just trap you.
eat the rich
There should be caps on wealth so that after a certain point everything goes to the poor, education, healthcare, etc. The fact that 40% of the all the world's wealth is held by 1% of the population is as morally indefensible as the fact that a few live in mansions (or many mansions) while many are hungry and homeless. I wish money didnt exist as end unto itself. I wish profit itself did not exist and people just worked to produce what was needed for that reason alone. That we all had housing and good education and healthcare. The reason we do not is because of unfettered capitalism and a wall street government. This country was founded in socialist principles and it was North Americans who exported it to Canada as well
I thought I just heard that the richest man lives in Mexico?
What I took from this was that even the most generous and kind ULTRA RICH MEN (warren and bill) still deal with such lumps of cash that they still do A LOT of harm to the people at the bottom doing all the work. No health care, slave wages and everything else. ALSO, look at where they both donate their charity money... AFRICA!!!!! Not even i the USA... AFRICA ... so ... imagine the HARM that EVIL RICH MEN can ( and do commit )... it is scary the amount of power there is there to destroy the earth. Imagine if gates and buffet invested 5 billion in providing elctric cars and solar panels to everyone? Instead the money goes to WORTHLESS charities like AFRICA which want to keep their culture and not have it CAPITALIZED... rich but not smart.
He is portrayed like your sweet grandpa.
A billionaire who still lives very modestly. Old car and a normal house. He lives like he earns 50k per year.
Its all very surreal. The presenter never challenges him apart from one question about derivatives.
The question is never asked why is he doing it!
Where is all the money going?
thanx for putting s****y music in it
Interesting insight to one of the richest men in the world.