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Circle of Greatness with Nehemiah Davis

What I Learned From Warren Buffet In Omaha - Episode 46

Circle of Greatness with Nehemiah Davis

Nehemiah Davis

Business

4.9867 Ratings

🗓️ 6 May 2019

⏱️ 11 minutes

🧾️ Download transcript

Summary

What I Learned From Warren Buffet In Omaha - Episode 46 Website: http://nehemiahdavis.com/ Circle Of Greatness Academy: http://nehemiahdavis.com/circleofgreatnessacademy/ ★☆★ SUBSCRIBE TO NEO'S PODCAST NOW ★☆★iTunes: https://apple.co/2EoyqbmSpotify: https://spoti.fi/2DZmPOlPod Bean: https://neodavis.podbean.comGoogle Play: https://bit.ly/2No0PBeStitcher: https://bit.ly/2H0lEBi ★☆★ SUBSCRIBE TO NEO'S YOUTUBE CHANNEL NOW ★☆★https://www.youtube.com/channel/UCWzNlC-0FQVelSKLlUoj71g ★☆★ CONNECT WITH NEO ON SOCIAL MEDIA ★☆★ Instagram: www.instagram.com/neodaviso/Twitter: https://twitter.com/NeoDaviso/Facebook: https://www.facebook.com/nehemiah.davis.7Youtube: https://www.youtube.com/channel/UCWzNlC-0FQVelSKLlUoj71gLinkedIn: https://www.linkedin.com/in/nehemiah-davis/ ★☆★ WANT TO OWN NEO'S BOOKS? ★☆★ Turn Your Passion Into Profits https://app.convertkit.com/landing_pages/302579?v=6x Step Into Greatness http://nehemiahdavis.com/contact/

Transcript

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0:00.0

You are now tuned into accelerate to great podcasts with Nehemiah Davis.

0:09.0

A podcast for aspiring and established entrepreneurs looking for their next level of greatness.

0:17.0

Welcome back to another episode of Accelerate the Great. I'm your host

0:24.3

Niamaya Davis and I'm super excited that you join me for this particular

0:28.8

episode. Today I want to talk to you about what I learned from the third wealthiest man in the world

0:35.8

and his business partner.

0:37.8

And yes, you're probably thinking who was that person that is Warren Buffett and who else was there the second wealthiest man in the world

0:46.2

which is Bill Gates and then Warren's business partner was there which was

0:50.8

Charlie Munger so I want to basically take a moment to share

0:54.8

with you the exact things that I learned from being at the meeting and I want you I

1:00.3

hope you're able to extract some of this information that can ultimately

1:04.0

help you in the long run. So I took some time to fly to Omaha Nebraska

1:09.2

literally the night before I took some time to fly to Omaha Nebraska the night before I took some time to fly to Omaha, Nebraska the night before the actual event.

1:17.2

And then I literally flew out the same day because I had another event back in Philly that I need to go back to. So I didn't really feel like going because I didn't feel like going, I literally didn't feel like doing all of that traveling, but I also realized if I didn't go out of posse missed out on the opportunity.

1:35.0

And this brings me to one of my first points.

1:37.0

I heard Warren and Charlie Munger miss out on investing in Google at the very beginning.

1:43.6

And this is exactly what they said.

1:45.4

And I'm like, wow, this is actually crazy.

1:47.5

What they basically said was, GEICO is owned by Warren Buffett and Charlie Munger and is pretty much one of the biggest, most successful

1:56.6

and most lucrative insurance companies in the world.

1:59.4

I believe they said it adds about $ billion dollars to the annual portfolio just for owning GEICO.

2:07.6

And they said, we made a huge mistake when it came to investing in Google.

...

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