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Money Guy Show

9 Life Changing Lessons from Warren Buffett

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Investing, Business

4.73.1K Ratings

🗓️ 20 March 2020

⏱️ 54 minutes

🧾️ Download transcript

Summary

There's something reassuring about Warren Buffett's outlook on life. His journey to building over $81 billion of wealth has been extraordinary. It gives credibility to his super-human ability to analyze numbers, spot opportunities, and give excellent life advice. In this episode, we break down 9 life changing Warren Buffett quotes from his 2019 Letter to Shareholders and beyond. They will leave you inspired to kick-start your financial strategy and reignite your passion for life. For more information, visit: https://www.moneyguy.com/2020/03/lessons-from-warren-buffett/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

nine life-changing lessons from Warren Buffett.

0:05.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:12.2

investing, taxing.

0:14.2

You've got financial questions, he's got financial answers.

0:17.8

It's Brian Preston, the money guy.

0:21.0

I'm so stoked about this one because this is one of our...

0:24.0

Wait, to close the microphone.

0:26.0

You'll have an issue there.

0:29.0

One of the things that I think is awesome is this time of year, every year, we know that something special happens.

0:34.0

It makes me happy that our audience actually goes, hey, you're going to do your special Warren Buffett episode.

0:43.0

We're like, yeah, it's March, isn't it?

0:46.0

What do we got going on in March?

0:48.0

Let's talk about what are some of the things that make March so exciting.

0:53.0

I know this hasn't always been the case, but here in the office now, thank you to Carol, who in the number of you know,

0:58.0

March Madness is something that makes March super exciting.

1:03.0

St. Patrick's Day is another that makes March super exciting.

1:07.0

And Brian, you didn't get to experience this in the early years of studying for your CP exam

1:11.0

because you were always studying at this time, but Marty Graal makes March super exciting.

1:17.0

But those aren't what we're talking about.

1:19.0

No, that's not exciting enough.

1:21.0

The thing that we're talking about is the Berkshire Hathaway annual letter to shareholders.

1:27.0

So this is the letter that Warren Buffett has this incredible, folksy way of sharing knowledge,

...

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