Best Warren Buffett speech

Bear with me as I share a bit of my history that helped me create SkyVu and the Battle Bears games. The University of Nebraska gave me my first job after college. I mostly pushed TV carts around, edited videos for professors or the occasional speaker event. One day, Warren Buffet came to campus to speak to the College of Business. I didn't think much of this speech at the time but I saved it for some reason. 15 years later, as a founder of my own company, I watch and listen to this particular speech every year to remind myself of the fundamentals and values Mr. Buffett looks for. He's addressing business students at his alma mater, so I think his style here is a bit more 'close to home' than in his other speeches. Hopefully many of you find great value in this video like I have. Sorry for the VHS flickering line on the right side.
Here are my take aways:
Accounting is the language of business.
For founders, nothing can beat painting your own painting.
Apply the "Newspaper Test" to all your decisions.
Know and take care of your Durable Competitive Advantage.
Choose your heroes carefully because you will become them.
You are your children's natural hero, embrace that role.

[@BenVu]

Hey BB fans, sorry for the slightly off-topic video but I wanted to put this old video up for me and anyone who might be interested. Our studio is pretty close to Mr. Buffett's house and he's been an inspiration for me and other folks from Omaha. The old furniture lady named Mrs. B he talks about at 53:44 was the first entrepreneur I met when I was a little kid. I was more interested in getting a ride on her electric wheelchair but watching my Dad try to bargain with her was a big early lesson in business. So the dots all connect in a strange way over time. Will get back to posting more BB videos now.

[@naingaung2748]

Ben Vu Off-topic or not I still thought it was pretty interesting. 👌

[@ariondafku1442]

Dude idc if it’s off topic I love all ur vids xD

[@unninair6267]

Ben- thank you so much for posting this. If you have a moment can you share some details about your dad bargaining with Mrs Blumkin?

[@madhusharma9949]

Very interesting, witty and inspiring with a tremendous sense of humour.

[@candyfloss184]

I envy your luck. Cheers mate. I wish I could have just met WB once in my life.

[@thomasrust6491]

The man just makes sense all the time.

[@alvinang1789]

Testing 1 million 2 million 3 million

[@bessycorrales2259]

Best quote: “If the parents are proper heroes, the child is 95% of the way home.” I love this man. Top notch family lineage.

[@user-ht3ci4bl5p]

I love warren buffet

[@marcopolo3936]

Who doesn't

[@vinniejackson8327]

Would they hide me? . That is an absolutely profound measurement. Have a lot of respect for Mr. B

[@barnstar2077]

I had heard a few small clips here and there but I had no idea just how good a speaker this man is!

[@chiccho6344]

“You’ll got disappointments, but the future what counts” 💜 minute 27

[@garyjohnston6248]

I really enjoy how Warren Buffett is so receptive of a persons true character. Always a pleasure to hear him speak so openly.

[@prashantgulwade630]

Warren Buffet is most honest to self and all people make him special

[@markcun8089]

Thank you God for Warren Buffett !!

[@ChaceBonanno]

Love his thoughts on reputation and acting righteously

[@yilmazkurt8584]

I respect you with all my heart, Warren Buffett. It has been always a joy to listen to you. God bless you.

[@wealthbuilders4297]

One simple guideline to follow is the Newspaper Test. Wow! Powerful advice..

[@georgesotiriou7051]

That's very rare. Thank you!

[@ninateo2804]

I'm so in love with Warren Buffet he always bring joy and happiness and honest advice. I am forever loving Warren Buffet 😍😍

[@chooselife3000]

Thank you very much for posting this video. Excellent high quality. I never tire of watching archive footage of Buffet. Also Munger. Every speech they make is fantastic. Can learn so much. I like watching plenty of the Berkshire shareholder meetings. I probably will still be listening to archive footage in many years to come, of Buffet and Munger. THANKS! @BattleBears

[@stephaniepaul1128]

Gratitude! Thank you ❤️

[@AverageAngel]

amazing wealth of knowledge - those you are around with and your heroes is who you end up becoming

[@labibbidabibbadum]

Thanks for sharing this - great video.

[@taruarualearnmaori]

I hope Buffett and Munger's principles continue with Berkshire. Integrity!

[@05atul1]

🙏 thanks for sharing this. Love from 🇮🇳 India!!

[@beremi6]

Best speech and conversation. It is everything important in there.

[@arnolddalby5552]

Brilliant incites based on experience and I agree. Learn accounting and ratio analysis of balance sheets and Income statements. Study the full spectrum of an industry, it's profitable and unprofitable businesses so you can spot them at a glance. Read financial shenanigans a great book to spot bad businesses. Have integrity and be someone else's hero. Jump out of bed every morning raring to go to work and never stop working even at 102. Haha. Great advice. Thanks for sharing.

[@uzabarobert4957]

Warren is a very terrific guy who achieved wherever he dreamed off , God have blessed him in so wonderful ways , so thanks to America .

[@frankmathews1358]

This one is the best one. I have found.

[@bartakin]

A great man..highly respected by many..thank you..

[@littlesteinfeld]

Thank you for sharing this video with us!

[@queen_ofall2360]

ICON! Love this man, so witty and funny!!

[@wiseadvice8128]

Very Nice Speech

[@tunghoang150]

Whoa! It's so great the little "boy" gentleman! Young Ones should learn from! Be the best you are like Mr. Young Warren Buffett's example!

[@sulaimonlawanson2856]

Lots of insight in there. Thanks a lot for sharing Ben.

[@james-sk1si]

Great video thanks for posting!!

[@Aj-gz6tc]

many thanks

[@ninateo2804]

Yes love Warren Buffet my hero😍

[@AverageAngel]

1:08:00 regarding love is the best

[@theurbanmonktum379]

Hi Battle Bears, any way to have this one with English captions/subtitles? Thanks! I'm hard on hearing. Can't find the one.

[@chooselife3000]

BRK.B is something worth buying and holding. Berkshire Hathaway (Class B). it will still be an interesting journey for Berkshire Hathaway over the next 30-40 years and beyond.

[@joancoiro2780]

Great speaker 🙌

[@Historyteacheraz]

Great wisdom in this video. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger explains the investment principles key to his success.

[@ranasabir650.]

May you live long warren Buffett.❤

[@LetroyAltidor57]

Nice

[@itamarb8111]

Great Man !!

[@nirvana2187]

Thank you for uploading this but do you have the complete video?? Please upload the whole thing if you can!

[@kasem6612]

We wish you health and well being till long age

[@Bmayo27]

That story about Buffett’s friend at 1:08:20 was beautiful. Truly brought me to tears.

[@jonascheah6061]

Is he talking about hiding from his friends? I dont get it

[@hafidihwan7260]

Is he said "would they hide me?" explain to me please, cause I didn't get it

[@christopherarmstrong2710]

15:00 Reputation & Integrity

[@naingaung2748]

very noice. 👏

[@dentonmoore6397]

Naing Aung

[@ozzysgarage]

The legend himself 🐐🐐🐐

[@wmennetti]

At the end of the video he started talking about public schools. Do you have that video to be posted?

[@tinnguyen2219]

Thank you for sharing such amazing data! Greatly appreciated, but how do I get the full video it got cut off at the end.

[@fabiotrucco7969]

great start :)

[@fasteddylove876]

Really sounds like the saying of "behind every good man there's a great woman" in Warren Buffett's case. If only more 1-percenters were like this.

[@TrangNguyen-ed3gi]

Good video

[@cryptobuzz1680]

29.50 min.... best question ever 😂😂😂

[@CillBill94]

"It's taken us 41 years to take up a whole floor..it's kind of discouraging"

[@tomrobertson6747]

I understand Mr. Buffett's recommendation to own stocks to be essentially a bet on America. Has he ever said what would have to happen for him to recommend betting against America?

[@andrepoon]

Integrity is a choice...

[@fasteddylove876]

If AOC or Bernie Sanders or any number of more so Democratic/liberal politicians merely suggest a better distribution of the wealth the right reams them mercilessly. Labels them as socialists & dangerous. Yet if Warren Buffett touches on this subject & simply states that we need to work on better distribution of wealth within the capitalist system the right/conservatives ignore him. This is a idea that Warren Buffett has touched on--and quite explicitly--in several speeches/statements.

[@TrangNguyen-ed3gi]

Hay

[@sankarprabha6083]

29:50 nice

[@xgum]

he talks like a genius

[@harvey199813]

30:15 😂😂😂 ohh warren

[@bonefx]

His comment about public schools, right when the video cuts off at the end, when he says that if they lost their value sort of speak that they will never get it back. Ouch!

[@RICHILOAN43]

Congratulations to Millionaire Warren Buffett Rich

[@oldman9843]

It took me nearly 60 yrs to learn how to invest and make money . Please take the time to teach your children how to invest in stocks .

[@Fakefake880]

1:00:00 custom picture frame business durable competitive advantage

[@some-cool-guy]

Hi, When is this speech from? Thanks for posting it. Great to watch and learn from the best.

[@bekind2047]

He was 72 - so it was 2002

[@swanandjoshi333]

2003

[@noelbahthis8959]

wow exactly how long is this speech...

[@etraise2]

Deb Rae emailed me back a couple years ago!

[@candyfloss184]

The Sean Talk y

[@drnickriviera8677]

Can sb help me, i am looking for some material of this prof. Ray Dean / account... I can not find anything ;(. Scolarship story, he was sooo freaking lucky... Nobody is even quoten here the story about his Auschwitz friend ??

[@chooselife3000]

Q. In the future, can/will Amazon.com Inc become the next new Berkshire Hathaway ???? Contrarian Question.

[@katlehokomeke]

He dropped 2 billion dollars over a phone call. Shiiiiiiiiiiiiiiiiiit!

[@nguyendu382]

I am lucky to get exposed to this kind of content. Thank you!!!

[@zerotoinvest8986]

“Testing: 1 million, 2 million, 3 million” - Warren Buffett > Subscribe to my channel for other Warren Buffett videos

[@investireocaminho33]

The more you learn the more you earn

[@missionpupa]

Its so funny how some of these people in the audience keeps asking him silly existential questions like: how do you keep your legacy when you die? or How do you apply your investment principles in your own life. It almost completely catches Warren off-guard, because when you have a great company to run and a lot of people depending on you you just dont have time to ask silly questions like that.

[@americanmade36merica99]

I only wish, I can afford to own only 1 share in Berkshire Hathaway.

[@petkoelenkin5713]

I know you can do it!

[@moumine97]

actually you can. There is 2 types of BRK : BRK.A (around 319000$) and BRK.B ( which is always 1 BRK.A / 1500). He explained everything on Berkshire hattaway website , look for "Comparative Rights and Relative Prices of Class A and B Stock". If I put a link, it will be considered as a spam.

[@zt8746]

Brk.B shares?

[@laspro508]

You could get the B share for only 200 dollars

[@The1976spirit]

I´ve seen Warren Buffet together with Peter Sellars in : Beeing. There

[@rowanburns4841]

New BattleBears update looks a bit strange

[@ariondafku1442]

Rowan Burns hmmmmmmmm yea

[@FineFlu]

I actually plan to keep managing Berkshire after I die, you have to understand that

[@chrisd6736]

The left and right audio channels are slightly off for some reason.

[@ChaceBonanno]

What’s he mean by ppl that will hide you?

[@fasteddylove876]

"Work for a boss you can't stand & work around people that make your stomach churn." I could describe it in much worse terms but yep---can absolutely relate. Looking back in every case my efforts should have went towards getting out of those environments instead of the ultimately maladaptive strategies/efforts/energies towards "making the best of it, being a good soldier, going along to get along"...to name just a few of my maladaptations.

[@dkvikingkd233]

2003

[@khonlieu6619]

Anyone know where we can find the Bill Moyer and Bill Gates interview?

[@freedomwatchdog2495]

I am a numerical dumbass. Good with language and communicating but not so much with numbers .... much to my chagrin. Can anyone suggest a book(s) to help me get on this accounting ....?

[@Bmayo27]

Freedom WatchDog - “The Intelligent Investor.” It was written by Buffett’s teacher at Columbia Benjamin Graham. Buy the version with the commentary by Jason Zewig (I may be misspelling his name). Chapter 8 & 20 are the most important. Chapter 8 is about Mr. Market (the Stock Market), Chapter 20 is about the Margin-of-Safety principle.

[@fatalerror1474]

Start with Financial Accounting by Libby, Libby and Short. Gr8 book to learn basic financial statements

[@anim4852]

If you are not good with numbers, you will just hate accounting. It is ok. It is like rock climbing. Nobody would enjoy the practice. But it feels good to be on top once you climb. It will suck while studying but if you don't quit you it will feel good once you complete it.

[@beamboy14526]

I have the opposite problem. Take an intro to accounting course, or just search for a book online.

[@consandpiracytheorums1563]

It's s graveyard. Th as rd we get Berkshire Hathaway means. How do I know that? Because I'm the best

[@aris080484]

Moat

[@joshuaricke9627]

Warren is a great buisness man.he invest in his great buisnesses.he invest in himself

[@Endeavor545]

this guy thinks a lot bigger than most....