The David Rubenstein Show: Warren Buffett on His Early Career in Finance

[@eagleone3729]

I love how the restaurant owners decorated the walls with paintings of bulls, both to represent the steaks they serve but also the bull markets, a financial reference. Great interview!

[@mymagicloulou4394]

He is my inspiration. The more i study about him, the more i wanna become like him

[@KemptonLam]

6:00 Warren rented a house 6:54 I LOVE the answer Warren gave and he made me ROFL! :) 10:00 Start of segment 2 11:23 Telling (a then 30 years old recently wealthy) Bob Woodward, “Investing is just about assigning yourself the right story.” 22:21 Start of segment 3 23:27 The Buffett Tax 25:13 What Buffett wants to be his legacy? 25:38 Money has no utility to me. Time has utility to me. (New Quote I LOVE) 27:40 The END of the interview. P.S. I've read, enjoyed & "reviewed" The Snowball (Alice's insightful biography about Warren) when it first came out and I quite enjoy watching this interview by David even though some of the info are obviously covered in Snowball. Thanks Bloomberg for sharing this post. P.P.S. Warren is still so sharp at 86 and still remember all those numbers from years ago!

[@creativemindplay]

+Kempton Lam *remembers. Thanks for the summary. I can't stand listening to his gravelly voice for more than 30 minutes so I'm glad others could!

[@creativemindplay]

*17 minutes

[@KemptonLam]

+creativmindplay Warren can speak in his gravelly voice all day long and I will still enjoy listening to him sharing his insights.

[@reubenwalker9279]

this guy endorsed the murderer hillry Clinton , FUCK HIM

[@jkbjkb8899]

Reuben Walker My goodness you are hopeless.

[@camerongupta6994]

Let's just take a moment to appreciate Warren Buffet's bridge username: T-Bone

[@dogestranding5047]

Cameron Gupta That's honestly really funny

[@vonneyt7496]

Cameron Gupta will

[@quanghuytran1995]

Whys T bone

[@saltymonke3682]

because he loves steak and he loves to invest in US T-Bond (US Government Bond). He likes to invest in T-Bond based from Professor Graham analysis in his book, I read the book too.

[@aleksandrasignatavicius6772]

thanks, i hope its true. but thanks

[@michalpetras984]

Warren Buffett is simply a legend.

[@watchnerd95]

he is not a legend , he is THE legend

[@andrewcoursaris8824]

Michal Petras he's got a sense of humour to and giving away 99 percent of his money to benefit the poorest

[@phily8020]

A mean fisted one.

[@wfbermudo]

understatement

[@LoughBellis]

Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.

[@NoorFrohock]

Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.

[@Odmark-u5f]

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

[@PhilomenaCopple]

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

[@Odmark-u5f]

I definitely share your sentiment about these firms. Finding financial advisors like ‘Carol Vivian Constable’ who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@PhilomenaCopple]

I just checked her out and I have sent her an email. I hope she gets back to me soon.

[@dallastvmemories]

There is no one in the world in the same league as this guy. He is THE GRANDMASTER of LIFE.

[@LG-nh4bs]

@@depression_isnt_real he's the Ali in stocks.

[@ryanjackson5461]

@@depression_isnt_real The arrogance in your reply shows you do not.

[@Stoneface_]

@@ryanjackson5461 not arrogant, just confident young guy

[@themoneytrend7153]

I learn something every time i listen to this guy

[@benjamindavidson22]

Well the recent events with SVB make it unlikely for the market to make significant gains soon, so it's wise to manage expectations and prepare for a potentially long recovery period. It's recommended to avoid making significant investment decisions until the economic environment stabilizes in areas of concern. It's best to exercise caution and avoid engaging with the current turbulence.

[@Johnlarry12]

Bad start to the year with these banks collapsing, META down 40k, ALLP down 35k, Draft Kings down 6k, NIO down 15K, ABML down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.

[@frankbarnes22]

There are quite frankly a number of ways to make high yields amidst volatile times, but such trades are best done under the supervision of a portfolio-coach

[@monicawill5]

Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

[@MarkGrimm8]

@@monicawill5 I’m in dire need of guidance so i can salvage my portfolio due to the massive dips and come up with better strategies. How can I reach this advisor?

[@monicawill5]

I have stayed away from all of the issues that the erratic market presents. Today, reading, research, patience, and seeking guidance when necessary are the greatest ways to break into the market. I merely copy Dawn Maureen Humphrey , a CFA, whose actions I witnessed on Bloomberg Business News because I am unable to handle my portfolio owing to the nature of my profession. Ever since, everything has been easy.I recommend researching her credentials further.

[@siddharthtube429]

25:00 this is the key to achieve anything

[@mus139]

I love Warren`s sense of Humour.

[@butcherneck]

I do love that to, sadly the interviewer does not notice

[@fhowland]

Interviewer has ZERO sense of humor

[@MufidKhan-i9r]

rich person everything is liked by people

[@boeuf-in9oe]

This talk is literally worth millions of dollars

[@JasonGafar]

So much respect and admiration for Mr. Buffet. I absolutely love how unpretentious he is. He's very humble and sincere, none of that egotistical arrogance so many wealthy people exude. May his life be long and secure.

[@sisirksh1487]

Warren and Charlie ,90 this August and Charlie 96 but still has a brilliant minds ,learned a lot from them ,love from India

[@AventreeFinancial]

Both these guys inspire and encourage me. Humble people not scared to be themselves

[@hidekitojo902]

I WOULD PAY TO NOT BECOME LIKE THIS ANNOYING FULL OF HIMSELF AND NOT FUNNY RUBINSTEIN

[@user-ec6bb6te7b]

Cc

[@DIVIN3KINGDOM]

Best advice from Warren Buffet: 1. Marry the Right Person 2. Do the job you would do if you didn’t need the money (you’re only going to live once) Thank you Uncle Warren! :DK

[@kairi3177]

Not ashamed to proudly say that 1) Warren Buffet is one of my heroes. 2) Dave Rubinstein is part of my morning watching

[@ashjogalekar8814]

"Money has no utility to me. Time has utility to me." If we all followed this advice we would have both more time AND both money.

[@Onlinesully]

PEKEK KNOWLEDGE Well said and so correct. it gets tiresome listening to the super rich saying money means nothing. I won't add to what you said as it is very clear.

[@Onlinesully]

PEKEK KNOWLEDGE yes it is Warren does the same rehearsed interview over and over. Money doesn't matter to me, I spend nothing. I live In the same house since 1958. I drink coke all day and eat McDonald's every day. i don't have a computer on my office etc fact is he is pretty ruthless and has destroyed quite a few humans through firings and sackings. And he is massively invested in coke and junk food.

[@Bdelliumharts]

I'm happy for Warren Buffet that he could make such a fortune. Good for him. Hope he's happy. God bless him.

[@wingmanbbc]

I once read this... If you want money, help someone else make money. It will flow into your life. It has no choice.

[@arigutman]

Great to catch up on these interviews. Nuggets of wisdom all over, especially from the oracle himself!

[@manuelenrique9220]

He remembers every date and figure even though more than 50 years have passed. What an amazing person!

[@imranalimullick2504]

One of the best interviews i ever seen Thanks for sharing this with Us

[@paul734]

"The prices are right." You got to love Warren Buffett lol

[@wingmanbbc]

Warren was against giving billionaire's tax cuts. Greed is not part of his make up.

[@tommymack3210]

paul734 he calculated intrinsic value of that steak.

[@howardleekilby7390]

❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️ After reading BUFFETT: THE MAKING OF AN AMERICAN CAPITALIST BY ROGER LÖWENSTEIN, I fell in love with Warren Buffett. My mother was approaching the end of her life. She was pale and using oxygen. I was so happy and excited about reading about Warren Buffett. I told her about him having a paper route, delivering newspapers on his bicycle. He deducted his bicycle as a business expense on his taxes. Mom looked at me. “Son, do you want me to get a paper route?” ❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️

[@phenotypeb6843]

Last few years with this extraordinary man living amongst us😞

[@SujayAnJ]

He remembers every bit so accurately!! Respect!

[@kannukumar5919]

When ever I buy Coca cola....this great man strikes in my mind.😁

[@faisalsyed1515]

Hahaha.. same here.

[@joyeshmahanti4069]

Same for me

[@SharingInvestingWisdom]

Warren Buffett's Storytelling Skills Shine!

[@endoverahumphress3912]

the only way to remain relavant and rich is by working hard and smart bravo warren

[@hugomeza2910]

He should write a book on exactly how he values a business step by step. That would be a better gift to the world and America than giving away most of his wealth to a foundation. I would pay thousands for a book from Warren Buffet teaching or explaining his formula on how he does it

[@mauricesjq]

There’s a saying, if it makes money, hold on to it. If it doesn’t, time to sell it as courses to generate money.

[@lxt0702]

We are Chinese landlord, we love you, the Great Warren!! we love you very much!!

[@JoshiNow]

T-Bone knows what's up, T-Bone is a legend.

[@bill6698]

Buffett is brilliant at encapsulating ideas...re: On deciding to leave NY...."I was living in White Plains at the time, taking the train into NYC, and with a wife and two small children, it didn't strike me that that made a lot of sense." On the other hand, he could do the same thing better in Omaha, with no train ride 90+ minutes a day, plus grandparents living nearby.... It's funny...I have the distinct impression that although Warren has explained things to him, Mr Rubenstein still doesn't understand...which makes sense given Rubenstein's company is into buying and selling businesses as a means of making money....I love Warren's way of looking at the world, and respecting the trust of the owners of the businesses he buys....one of a kind for sure....what a life!

[@art_of_investing_]

“Market forecasters will fill your ear, but will never fill your wallet.” - Warren Buffett

[@punbishal5874]

The man is a legend. He is probably one of the few men who could say I told the investment bank I will pay you extra 50 cents so you can say I got a profit of nickle out of Warren Buffett.

[@SaajanMurali]

5 not 50

[@michaelallen9054]

Grandpa from another mother

[@copiludeargint]

RightHonourable Zeus you didn t get the joke

[@andrewkim485]

@RightHonourable Zeus you are an idiot

[@GoytaDembiya]

Lmao me too

[@MooMooMath]

One of the smartest people ever born.

[@hubaermi]

don't sleep-walking through your life. find the passion!

[@wingmanbbc]

Find your passion & focus on that. You may never work a day in your life.

[@6619]

Integrity the most valuable at all phases of life

[@techguy8493]

His 10 rules have changed my life. With positive way of course.

[@wingmanbbc]

They have worked well for warren also.

[@sunnyrapper619]

Tell those 10 principles

[@user-ql3ws5uz1d]

You can tell by the way they talk, Rubenstein is obviously a PE guy and Buffett is a true value investor

[@raqueldominguez7834]

Me encanta cómo se rie, una leyenda en la historia de los negocios,un gran legado que va dejando huella por cada paso que da atraves del tiempo,marca su diferencia por su estilo y sbre todo naturalidad ante los ojos de los demás, algo que lo hace valorable, admirable,envidiable 💌

[@manavgupta8484]

You are awesome. Love listening to you. Thank you. Keep going.

[@raqueldominguez7834]

Me sigue gustando su naturalidad ,privilegiado de la vida con su sencillez a puesto valor a su vida 💌

[@ИгнатийСорокин-ш7г]

Warren Buffet is the coolest investor

[@tryingtocorrect]

"I come here because the prices are right in this restaurant" hehe

[@dr.justusaluka4229]

Thanks very much for the divine connection with best wishes

[@michaelfortunatocimfcsi8750]

I agree, he is a genius.

[@edwinstar100]

God! we have so lost our way if we are celebrating this man and his rapacious appetite for more. Watch the video on Solar City Nevada.

[@TechnicalShivam-bh1hv]

Love You Both Sir Ji❤❤❤❤❤❤

[@Russxiang]

Amazing memory

[@andrewcoursaris8824]

Russxiang it comes with having a high IQ he's a genius you don't make 80 billion being a fool really smart people make alot of money

[@andrewcoursaris8824]

A sign of high intelligence is amazing memory

[@andrewcoursaris8824]

He's a genius like his best friend bill gates

[@gabriell7640]

Andrew Coursaris memory and intelligence are not related

[@mytexasdays1526]

Fascinating program. I learned a lot about him.

[@edilson1234567890123]

Please, Could you put subtitles on the videos of the channel?

[@jorgipogi]

First interviewer who really challenged Buffet and asked direct questions. He never answered them directly. But Thanks.

[@faronskelton4085]

Excellent interview. Thank you sir

[@mr.g4999]

Warren is fantastic!

[@drumpab1318]

That guy has a clear vision about everything, great :D I love it

[@aliqazilbash5231]

I think that the greatest thing ever said was, "build it and they will come!"

[@gg2324]

I love how Warren Buffett, a man worth more than countries talked twice about the price of the steak

[@zeyadwanis8152]

what a guy!

[@aFluxxOnline]

I don't comment a lot, but this person is fascinating to watch.

[@ZiloBalo]

An extraordinary man! Legend

[@LuQifairy]

Any subtitles? I cannot hear clearly for some parts.

[@lailaalfaddil7389]

This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!

[@brothermissy7760]

I don't envy much in this world, but I do envy the screen name T-Bone.

[@ssncns]

He made right choices at the right time which means everything is up to some chance and karma no matter how you obsess it as a hard work.

[@wingmanbbc]

The law of Karma says: you reap what you sow & no debt in this universe goes unpaid. I'm convinced, all the hard work in the world may not overcome that.

[@tiborvisi7438]

.....and a lot of knowledge (to be able to make the right decision at the right time).

[@ssncns]

Tibor Visi yeah, but to make him gain that knowledge, life does its job. Life lets him do his thing.

[@ayushzaveri8193]

The golden grandpa's most golden interview

[@wingmanbbc]

He exudes golden goodness.

[@happyicare5053]

Otro auténtico crack, este hombre ha hecho de todo y todo bueno

[@bionysos41]

Brilliant show again! Hows story about finnish prime minister who gave home for those refugees? It would be great to know how they are doing

[@nikhilmunj108]

Has the video layout has been designed by the Futur?

[@KileonGM]

The humor here is top tier

[@vertxxgg]

thank you Bloomberg for sharing the best business videos of all youtube

[@rajsingharora26]

What a Brilliant Interview ....what would you like your legacy to be " The Oldest living man"

[@debarghyaroy4042]

Warren Buffet is soooo Grandpa ❤️

[@charlesjankowski9696]

Great News with Buffett :)

[@dipaknadkarni62]

Great interview.

[@stemikger]

Living Legend!

[@dogestranding5047]

lucas rem Communist

[@akash-dk-01]

please add subtitle

[@vanshkhanuja8611]

There are auto generated captions

[@wahyuramadhan195]

Thanks a lot ❤️

[@rowheim]

Awesome talk

[@edr.2642]

Gréât man. One of a kind.

[@kimkegaard]

There are many investors in the world. I study a lot of them. Still, Warren Buffett tops my list because he is the wisest of them all.

[@Maky313]

T-Bone. this is awesome.

[@guyfrommydad8200]

great editing out the commercial break... how much does the editor make??? .. really though

[@MonsieurDee]

This isn't 1990. Bloomberg tv doesn't need to resume momentarily

[@benroche3157]

Warren is sharp as a tack despite being in his late 80’s

[@tuma0000]

Inspiring man ❤

[@andrewcoursaris8824]

He's smarter than everyone else Bernstein asked him he's to modest to say he is. He's s genius like Einstein and gates

[@dogestranding5047]

*Too. And he is brilliant in his own way, but he knows that being a genius isn't necessary in his line of work. When it comes to investing, he is a genius. All about circle of competence.

[@MrLeo625]

My mentor 👍👍👍

[@happyicare5053]

A great Man Warren,gigantic

[@Henryfabulous]

12:42 David: Do you use a computer? Warren: I don t have one in the office! David: Do you even use a smart phone? Warren: No, a smart phone is to smart for me!

[@SuperLari1234]

Here in 2024, the legend is still going

[@K.V.Krasnenko]

Warren Buffett is just a billionaire who does your favourite business. What made him the first? The belief that his work will benefit society

[@youcefbenchouk9049]

قصة وعمل ناجح والتعليم واضح الحقيقة

[@ganymededl]

Love the interview but why trimmed to insert all the stupid ads??? disappointed @ bloomberg for this

[@ougawougajr.4983]

Yes, I wanna do all of that when I have the necessary funds in London.

[@WillySheepo]

I actually liked Amex. Had them already as student with a $12k range. Friend of mine in London used to be account manager with them

[@redkrawler]

Omaha is a great place in America!

[@OliverBenning]

Definitively gotta read "The Intelligent Investor" after hearing Ackman and now Buffet praise it so highly

[@youngmyth]

lol the book stands on its own without having Ackman of all people praise it. Security Analysis is a better and more fullsome read fyi.

[@xiaodongsam]

Oliver Benning Ackman is not a value invester in the Graham sense nor the Buffett sense. He's a Buffett/Icahn wanna be.

[@OliverBenning]

He's an activist investor

[@dylanjohn4943]

Good luck to you. I've tried to read it multiple times and it's pretty confusing considering the dated timelines. However, it's definitely worth a shot as it's been praised greatly along with Security Analysis. And you're right about Ackman.

[@youngmyth]

The principles are what matters, not the dates

[@andiesierra3949]

6:00 Warren rented a house 6:54 I LOVE the answer Warren gave and he made me ROFL! :) 10:00 Start of segment 2 11:23 Telling (a then 30 years old recently wealthy) Bob Woodward, “Investing is just about assigning yourself the right story.” 22:21 Start of segment 3 23:27 The Buffett Tax 25:13 What Buffett wants to be his legacy? 25:38 Money has no utility to me. Time has utility to me. (New Quote I LOVE) 27:40 The END of the interview. P.S. I've read, enjoyed & "reviewed" The Snowball (Alice's insightful biography about Warren) when it first came out and I quite enjoy watching this interview by David even though some of the info are obviously covered in Snowball. Thanks Bloomberg for sharing this post. P.P.S. Warren is still so sharp at 86 and still remember all those numbers from years ago!