Warren Buffett’s Most Iconic Interview Ever (Long Lost Footage)

[@InvestorCenter]

Click this link to get up to 15 free stocks from moomoo U.S when you make a qualified deposit! Terms & Conditions Apply: j.moomoo.com/00mF1u

[@user5871]

if you're going to have ads, it would be good to use Audio Normalization in your videos, and maybe some Audio Compression, so the ads dont seem so shockingly loud

[@ephraimmulilo7098]

I love how the audio for the subscribe animation was 2000% louder than the rest of the video. Really great editing there. I almost popped only one ear drum

[@JamesLudemann]

Berkshire Hathaway shares sold for $3925 on 02 June 1988, so there's your date. It's up another 13,800% since this video.

[@moonboy5851]

Legendary

[@777jones]

I remember we looked at stock quotes in the newspaper in school. We were stunned that this stock was $13,000 per share. Today, it is over $600k.

[@windycitybeats6724]

Should I buy?

[@afonsodeportugal]

@@windycitybeats6724 Absolutely. The A-class stock is now above $700k. The B-stock, created for the Average Joe like you and me, closed almost at $476 last Friday.

[@Cheesecake99YearsAgo]

Yes​@@windycitybeats6724

[@Maxyy40]

"He'd want to go to work 7 days a week at age 94." This guy could have been just as good as Warren if all his predictions were this good.

[@rbr4115]

Which guy?

[@WallSt-o1q]

Made the mistake of increasing volume to 100% then the ad came up and my ear drums exploded thank you very much for that. On the way to the doctor!

[@moonboy5851]

RIP

[@harindergill100237]

Hw's your ears now?

[@WallSt-o1q]

@@harindergill100237 I beg your pardon? Could you please repeat that?

[@dexagalapagos]

I find it priceless that harvard rejected buffet from their business school.

[@nn-taleb]

he still went to Wharton.

[@ArtHoward]

No, Columbia. It's in the video.

[@nn-taleb]

@@ArtHoward I meant for his undergrad. He transferred to University of Nebraska-Omaha, but originally went to Wharton.

[@ReloGP14th]

tbh college means little nowadays. lot of good inovators dropped out of school or just went to other school i mean look at Gabe and Steam

[@bibekpoudel942]

Thank you very much for uploading.. This video aged like a fine wine.. love this. Would live to watch this again.

[@CmanCorporations]

This is one of the coolest videos I have seen in awhile. I've seen every video and interview of buffet so I was shocked to watch this. I couldn't believe what I was watching. This is so awesome. Thank you so much for sourcing this. It was such a pleasure watching this interview. I have also never seen an interview with his children and this had that. Wow.

[@lewis809]

He really is the oracle of Omaha. I’m not sure we’ll see another like him ever again!

[@MagdaleneM-f3q]

Warren Buffett’s key investment advice is to focus on long-term value. He encourages working with an adviser, buying quality companies and holding onto them, rather than reacting to short-term market movements.

[@TinaMyles]

Regretting missing out on earlier Bitcoin investments and some stocks too like NVIDA & TSLA. I kept funds in a HYSA. Now, with $200k to invest, I aim to avoid FOMO and buying at the peak. What's the best approach for a newbie to navigate the market?

[@KentBrono]

During bear markets, aim to 5x your portfolio by accumulating crypto and reinvesting dividends. Consult a financial advisor for help. Since 2020, my $1.2m portfolio has averaged 28% annually through restructuring with growth stocks, ETFs, mutual funds, and REITs.

[@BaffySchenck]

Who is this person guiding you and how can i reach he/she??

[@KentBrono]

I’m careful about giving specific advice since everyone’s situation is different. You might want to consider an independent financial advisor like Julianne Iwersen Niemann. I’ve worked with her for two years and highly recommend her. See if she fits your needs

[@BaffySchenck]

Thanks for sharing. I searched her full name and found her website instantly. After reviewing her credentials and conducting due diligence, I reached out to her.

[@MrFrescocotone]

Amazing man, professional, human being. And he has proved his record until now. Amazing

[@SharonD.Spiker]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly..

[@GiustinaDewitt]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@SharonD.Spiker]

Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as *Jenny Pamogas Canaya,* who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner.|

[@georgesotiriou7051]

@@SharonD.Spiker You sound quite full of yourself given that you don't even manage your own money. I think we should pay attention to guys like Buffett and Munger instead of some lady on a KZbin comments section

[@richbulena8847]

Attack of the Investment Adviser Spambots!

[@RogerYeahmon]

"buy something productive and hold it for a very long time" - the end.

[@dannthegentleman4261]

And... Don't overpay for it.

[@gmo709]

And.. buy more shares on dips or when margin of safety is >=20% or whatever u set. You dont just invest once. Money becomes available at later dates. Lol

[@windycitybeats6724]

What is your opinion on Bitcoin?

[@RogerYeahmon]

@@windycitybeats6724 useless

[@patilabhishek150]

@@windycitybeats6724overvalued junk

[@philochristos]

That's an average of 27% a year for 30 years. That's phenomenal.

[@rebeccamouse9294]

“We find it difficult to teach a new dog old tricks.” ❤️❤️❤️

[@lyndonklymchuk7391]

thanks for finding and uploading!

[@InvestorCenter]

No problem!

[@narenkrishnanGenius]

:"Money is by-product of doing something that I like to do extremely well" - Warren summed it very well

[@korniszon68]

It's funny when a guy with a name Adam Smith leads Economy Show :>

[@caddie1a]

I think the year of this interview was 1987 or early 1988 since they reference Black Monday as just happening.

[@pepecow235]

Thanks for that. Studying Warren and other value investors now to better invest in crypto. Going well. :)

[@Strider_Gaming]

@@pepecow235 Warren Buffett hates crypto and has explained why in multiple interviews, I suggest checking them out.

[@gonzalobueno46]

Thanks for uploading, it is nice to revisit this interview! Small remark: It was in 1988, not 85 😉

[@AwakenWealth999]

Warren Buffett's wisdom on investing and life is unmatched. His focus on patience and sticking to fundamental principles is a lesson everyone should take to heart.

[@jmcryptozeth]

Thank You IC! You never miss to dig these Gems 🙏

[@InvestorCenter]

Thank you for watching 😊

[@saravpreet100]

anyone know which year this was recorded?

[@Ragtosina]

Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?

[@Jm-gu3tx-w4e]

I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.

[@user-nt-k91]

impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now

[@user-o-j58t]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@JimSimonsTrading]

Collab with me..I'm working on something..

[@uncleray3828]

Tsmc....can't miss on the ai trend since they are the top chip maker and all the AI companies HAVE to have chips. Tsmc is set for 5 years of growth unless another chip maker topples them. Fish + barrel

[@chaddy-me-boy8299]

The key is the combo of public and private. Private being the insurance companies that are growing paying customers and float, and a great underwriter, and Warren as the investor of that float. Inflation has helped the mkt and franchises. Just think of an analogy of a business your in that can do it similar? -selling puts, or credit put spreads is close?

[@Oscarfreeman-cn9rc]

This is amazing. “How to build wealth”

[@MarkCW]

Thanks for uploading this video as I've always really admired Warren Buffett. Best couple of things I learnt from Warren was to buy index trackers e.g. S&P 500 and having a good good temperament as an investor. My wife has a much better temperament than me - she invests in index trackers and good stocks and just leaves them. My temperament isn't as good as I like to keep on "Poking" my investments. She always does better than me even though she invests in the same trackers. I'm not so convinced about value based investment these days though. I've analysed companies that seemed to have been undervalued with consistent revenue, profit and equity growth and they carry on to perform badly. Bit puzzled about that one!

[@OskieOmega]

I always admired Warren and Charlie , I started value investing at 26 when I was buying a share a paycheck at the company I worked at since it was stock options and I could buy at a discount

[@graerindley6312]

During the 8 years of Reagan's presidency Berk's stock Rose 1000%, those sorts of increases haven't happened since. In the past 16 years the stock has only risen 350%, but, of course that's still a wonderful return. 😊 I think Berkshire really hasn't done so well with the tech stocks in the past 20 years, except for Apple in recent years.

[@ElliotBrownJingles]

I thought there was nothing wrong with his acting. He was given a simple script and he played the role without expecting too much limelight. Value Acting.

[@zwriter3658]

"Thats Billions with a "B"".. hahahahah

[@jamesbyrne9312]

Can someone tell me what the taste of sees was after he bought it........

[@jamesp8459]

Loved it, thanks for posting.

[@tommasoscalese]

Ahahah 😂😂😂, it is great to hear at the end of the video about the younger skeptics who cast doubts about the viability of Warren’s future performance. As we have seen, the 40 years that have passed since this video was recorded have only proved once more how FAR FAR FAR superior his approach is. He is the greatest investor in history….

[@shankarbalakrishnan2360]

Wish they had a subject called lootonomics in economics❤❤🎉🎉

[@long6723martin]

amazing interview, inspiring and still teaches me a lot today!!

[@philipvictor7574]

And he is 94 now and working the same 7 days a week as Mrs.B

[@TommyCarstensen]

This is not a lost interview. I've seen it previously on KZbin. I can't remember the exact year it's from.

[@gener8423]

Based on the current price of Berkshire that was mentioned in the video, this interview was done around June 1988.

[@motish30]

Thanks for bringing this

[@josekuoman3006]

Thanks for taking the time to look for that video and upload it to youtube ❤. In order to know more about finance and investing, do you have a page where you share your knowledge?? I know that you used to have a patreon. 😊

[@ssemombweandrew]

Present 😊. Thanks 😊

[@InvestorCenter]

❤️

[@dr.strangelove7739]

Great interview!

[@superslyko123]

Actions speak louder than words. Watch what he does. Not what he says. Use your mind, not just your ears.

[@andypicken7848]

What a tremendous man Warren is

[@gladragsakshay]

At the start of the video, the interviewer says he met Buffett 20 years prior to this interview. i.e 1968 approx. BRK.A ended the year at $37. If he was so impressed by the young Buffett, a $1000 with him would have turned to $16MM+ in 2024. He was sitting right next to a Gold Mine. However, there are many stories of people who invested in young Buffett & made huge Charitable donations later on.

[@wahyuramadhan195]

Thanks 🙏

[@BusinessPicks]

13:34 was that Mark Cuban lol

[@HumbleTrader001]

It’s his smarter twin! 😂

[@topgrowthexperts]

11:51 - Famous quote!

[@charlottenelson8378]

Engaging in an individual market option is fair, but its performance level can’t generate high dividends. Diversification is the secret to optimal performance, that’s why I have my interest set on options based on projected growth and performance.

[@charlottenelson8378]

When it comes to finance growth, it’s wrong to engage in a single option. I suggest diversifying into various options with high performance coupled with the experience and aid of a finance Pro will generate bigger dividends and balance volatility.

[@charlottenelson8378]

”Do not lay your eggs in one basket.” I engage on various options (real estate, real assets, index/mutual funds, ETFs, annuities, lDOs and many others) with the aid of my finance pro, and so far have acquired so much (amount is confidentiaI)

[@charlottenelson8378]

sear ch the full name below, if you care

[@charlottenelson8378]

IsabeIIe ChIoe Scott

[@User12345fan]

Spam

[@Helen_white1]

I agree with Warren Buffet. A blend of different ETFs is my favorite way of investing. For example, you could have some covered call etfs for dividends and other etf`s for growth. A combination such as : JEPI , DIVO , QYLD, SCHD and JEPQ. You have to combine them according to your own personal situation. I tallied my dividends for the previous year; $102k. Blessed, grateful, disciplined and focused.

[@DaveMccarthy896]

Consistently investing in high quality dividend paying ETFs & stocks over the long term is a relatively easy strategy to create generational wealth. My "boring" ETF's portfolio paid me over $4,000 in dividends last month

[@ben_dukeson]

Anyone have recommendations for a reliable monthly investment? I hope to ultimately supplement my income from work with a monthly income from investments. I will still make long-term investments, but it would be wonderful to have a little additional money each month.

[@JacobPaula]

Bear and bull markets offer great opportunities. I used to discredit people who made money in bear markets until I did it myself. The US stock market is currently experiencing a long bearish season but if you zoom out it's actually a bull run as the market always comes around, so it's understandable that people are panicking. However, there are opportunities if you know where to look. With the help of an investment advisor, I made over $250k in profit last year.

[@Frankjacob387]

Please can you leave the info of your investment advisor here? I’m in dire need for one

[@Papa1P3RCY]

What is the name of the person conducting the interview here?

[@Papa1P3RCY]

Oh, Adam Smith.

[@Iancognito-k1c]

I remember watching Adam Smith and this particular episode.

[@robertdavis100]

what year was this?

[@gener8423]

Around June 1988

[@Dillingham-]

Show sponsor Unisys traded $475 in 1987. Today it is trading around $4. Investing is easy! 🤣

[@inertiaforce7846]

This is exactly why you don't put a lot of money into one single company, but instead invest into well diversified indexes.

[@michael2275]

@@inertiaforce7846 Diversification = mediocrity. Buffett famously did not diversify too much.

[@inertiaforce7846]

@@michael2275 Mediocrity with no risk of bankruptcy. Just because Buffett doesn't do it doesn't mean he's wrong to recommend it to others. Buffett can beat the market, other people can't, so he recommends others just buy indexes to invest and not risk losing money to a single company's failure.

[@garcia4062]

Claro el solo tiene su empresa que posee miles de empresas😜

[@Tchild2]

Time (duration) is more important than specialized knowledge when investing.

[@orangewarm1]

Welcome to the Imvestor Centre!

[@Kyle-xt8ip]

this advice is key.

[@FlaschDJ]

“Long lost”? I don’t think so. I watched this a month ago or another channel. But thanks for sharing it anyways.

[@tadakimasu]

My favourite part is Mrs B!

[@johnpersechini4951]

She lived to be 104.

[@QbicLT]

Thank You 🙏

[@PDS_37]

what a godly video

[@prashantdev3020]

loved it

[@malvinderkaur541]

Going to charity ‘ should have started when the giver is still healthy and sound in mind in their supervision, because in the age groups they all are I just heard Mr. Mungers interview $160 billion cash means I have no idea how many shareholders it gets divided into still considerable amount to each to spend but in age group they have reached you never know when life can leave and then? Whose hands does your long arduous journey of creating that wealth lands into ? What is the point of making it when it might be squandered away, still, it’s not late, till there is breath, there is life, and whatever wealthy wants to do should start as soon as they have lot of surpluses with them

[@C4rb0neum]

Thanks for digging this one up!

[@Papa1P3RCY]

Who is interviewing him?

[@Papa1P3RCY]

Oh, his name is Adam Smith.

[@dbcitizen4355]

"700 million of Solomon Brothers." Oof. A rare occasion where a purchase came back to bite Buffet.

[@ElijahGrantTV]

I believe he made money on that trade

[@patriot925]

Buffett sold out before Salomon went under. Was a short term play for him. He was a white knight investor who saved Salomon from a hostile takeover by Ron Perelman. Salomon sold Buffett convertible bonds only available to him, which were very low risk. He had to make money on that deal.

[@dbcitizen4355]

@@patriot925 I'm not talking so much about the capital loss. I'm talking about the massive amount of BS Buffett had to deal with after the Salomon Brothers scandal.

[@vivaanmishra56]

Great video! Worth watching everytime someone likes my comment.

[@XShollaj]

His trading philosophy can be summarizes in the first 14 seconds of the video

[@firstal3799]

Good

[@CA1848AIHUB]

Uncle Warren, 19:30 same question for 2025

[@TimTravelling101]

He definitely has "done it" from then on!

[@DogukanOner-xg9he]

Well he is 94 years old today like Ms. B. and he goes to work 7 days a week

[@terrellprice8013]

I grew up in Vicksburg, MS parentless from age eleven. I did have an advantage: God gave me a logical mind and discipline and the opportunity through the stock market to obtain financial security by investing all my net worth in Berkshire Hathaway 30 years ago. All I had to do was to control my emotions and wait. Now at 82 years old financial stability was being my partner providing the necessities of life. Life is simple when your decisions are made with a rational and logical mind. Emotions must be coated thickly with discipline and logic if one expects a secure life. If security means nothing spend every dime you have but be.skilled In begging for money to sustain your life. Throw your pride and dignity down the drain that place where you placed your money. Learn how to place your hand palms up and beg from others your life sustaining requirements.

[@MyArtsProduction]

going to work at 94 like mrs. B 7 days a week will be a reality in a short time guys

[@Voodoochilez]

Seriously? He didn't come from money but his father was a stockbroker and a congressman? Sounds like he still had significant advantages over the average person.

[@metalrooves3651]

seems to be since 1985..cant see a date...

[@nishantchandra2876]

“Then they aren’t so learned”😂😂😂

[@SamSam-cg5mw]

The interviewer was cool like a cucumber compared to current anchors in mainstream media who shout and scream a lot

[@CoreyChambersLA]

While Warren Buffett was self-made, he did have some advantages growing up the son of a politician and stock broker. He did inherit a helpful amount of money, though nowhere near the enormous amount that he created with to his own hard work and determination.

[@James_36]

nothing comes from the working class.. Buffet earned over 6 figures working at his first proper job with all his dads connections etc - most people will never earn 6 figures in their twenties. Nobody else gets family friends putting in a combined £1m into your non existent financial hedge fund either. It is still impressive but turn buffet into a working class kid with no family connections, there is no Berkshire

[@georgesotiriou7051]

He inherited zero. He actually asked his father to take him out of his will and give the money to his sisters. Read the Snowball

[@Inbraneinthememsane]

@@James_36if you are a whining loser - no you don’t Now go clean a toilet somewhere

[@bulletproofh2t]

​@@James_36Buffet managed to convince family to give him a million dollars, into a non-existent hedge fund and now has billions? Amazing

[@boeing737700]

I think his first well paid job was Ben Graham’s fund? He is a very smart guy. He was already a very good investor back then. He was Graham’s top student. He was refused the job at first, and yet never gave up and kept pestering Graham til he got the job? Yes, not so many would get that in his early/mid 20s. But would they really deserve it?

[@Helder-]

3:00

[@Syntheticoilprotection]

"Some things just take time you can't produce a baby in one month by getting nine different women pregnant"

[@Z.November]

Ya know you're old when you were old looking in 1951

[@thesauce669]

Front running the market also helps out ones net worth

[@Samuel-wf6kk]

RIP Charlie Munger ❤❤

[@bernardobellini4947]

Whats the encyclopedia company worth today?

[@gener8423]

Uhh ... what are encyclopedias ??? 😁

[@tomass.6516]

What color is your Bugatti?

[@bernardobellini4947]

@@tomass.6516 why would I buy a Bugatti? I rather buy 15 tractors and make more money.

[@tomass.6516]

@@bernardobellini4947 it's was just an internet joke

[@topi2209]

3900 dollars a share???!!? THATS CRAZY

[@-Jason-L]

It is now far far more per share. He doesn't split stock

[@afonsodeportugal]

@@-Jason-L Well, Berkshire does have a B-class stock. It's not the same as a split, but it does make it affordable to the Average Joe.

[@destroya3303]

He made most of his money first managing other people's money (i.e leveraging other people's money). Good luck working a 9-5 and investing to this level.

[@michaguspiel9015]

Closing speech of the host aged well.

[@metalrooves3651]

we need a date....

[@hello-4229]

3 billion wow, now they have just 275 billion in cash

[@WallSt-o1q]

Lips are keep moving how about some sound?

[@elixorvideos]

It’s so weird seeing such a familiar voice from a face I’m not familiar with, as in, he’s younger here… even though he’s 55 😂

[@gener8423]

He was 58. This interview was done around June 1988.

[@sirus312]

Buffett looking sharp

[@RIJSA]

0:01 and insider trading!

[@booneguy]

Treating the investment business as a real business has granted me my retirement in four years. I retired at the age of 32. Work smart and tirelessly for a few years. It’s worth it.

[@Conorscorner]

Why would you declare that? Sounds untrue /fart

[@booneguy]

@@Conorscorner To encourage other folks to do that as well. Unlike you, I hope people are getting successful as early as possible. Seems to me, you’re bitter and immature but nevertheless, I wish you become successful as well.

[@AmyAmy-er8bp]

Out of everything Langet srabotal, Ed el IT Engineer. Asuma Aziati v osnovnom Ris yedyat, Boga blagodaryat. #Bojestvenniye lyudi. Mnatsats@ dali responsible for this, mnatsats@ inchn er? Artun mnal@. But a responsible person. Vor azngn er?

[@jamesbyrne9312]

He should have listened to this when Greg and jain said apple was a sure thing

[@EnergeticWaves]

he out lived Adam smith too

[@eddylauterback1312]

A share is now over $500,000. / share. Too rich for me but do have class B shares

[@EnergeticWaves]

funny because he is still doing that at age 93

[@maxb5957]

Max was here