(May 4, 2002) Warren Buffett and Charlie Munger explain how they determine what types of business they can understand and the importance of knowing the “boundaries of your competence.”
Circle of Competence
Investing with Small Sum
(April 28, 2001) Warren Buffett explains the process he would use if he were just starting out again in investing.
How to Teach Kids about Money
(April 28, 2001) Warren Buffett and Charlie Munger talk about giving children a good financial education — and the importance of also teaching them that “life is more than being shrewd at passive wealth accumulation.”
On Pension Funds
(April 28, 2001) Warren Buffett and Charlie Munger criticize excessively optimistic investment gain projections for pension funds.
Mistakes Show up in Opportunity Costs
(April 28, 2001) Warren Buffett and Charlie Munger admit their biggest errors are often “mistakes of omission” that don’t show up in Berkshire’s balance sheet.
Three Books Recommended by Charlie Munger
(May 3, 1999) Charlie Munger shares a few of his favorite recent books, including one about Buffett, at the 1999 Berkshire annual meeting.
On Successors
(May 4, 1998) Warren Buffett explains why he’s confident his successors will run Berkshire capably after he and Charlie Munger are gone.
Buy Stocks that You Don’t Want to Sell
(May 4, 1998) Berkshire Hathaway doesn’t sell any of its stock holdings very often, but it can happen. Berkshire Hathaway Chairman Warren Buffett lists some situations that can make him a seller.
Have No Strategic Plan
(May 4, 1998) Warren Buffett says Berkshire doesn’t have any sort of “predetermined course of action” for which of its businesses will become the largest.
Not Worry about Tough Times
(May 4, 1998) Berkshire Hathaway Chairman Warren Buffett explains why he and Charlie Munger don’t worry much about tough times. He says even in tough times, they have a lot of fun with their business.
On Capital Gains Tax
(May 5, 1997) Berkshire Hathaway Chairman Warren Buffett and Berkshire Hathaway Vice-Chairman Charlie Munger give their views on a “fair” capital gains tax rate and the responsibility a society has to provide for its less privileged citizens.
Not a One Man Show
(May 6, 1996) Berkshire Hathaway Chairman Warren Buffett and Berkshire Hathaway Vice-Chairman Charlie Munger explain why they’re confident Berkshire will be successful long after they are gone.
Treasury Bond Scandal at Salomon Brothers
(May 1, 1995) Four years out from the Treasury bond scandal at the investment firm Salomon Brothers, Warren Buffett says he’s hopeful for the company’s future.
Buffett Prefers Obvious Business Decisions
(May 1, 1995) Warren Buffett and Charlie Munger say they like to make investment decisions where the decision is so easy that there’s no need to do complicated calculations.
Don’t Trust Financial Projections
(May 1, 1995) Warren Buffett and Charlie Munger explain why, despite being offered numerous projections, they don’t use them when making investment decisions.
Can’t Improve On This Group
(April 25, 1994) Warren Buffett and Charlie Munger explain why they don’t foresee a time in the future when they would split Berkshire’s stock.
Rather Multiply by Three Than By Pi
(April 25, 1994) Warren Buffett and Charlie Munger prefer to go with business that are easy for them to understand, because “you don’t have to do exceptional things to get exceptional results.”
Blue Chip Stamps Wizardry
(April 25, 1994) Warren Buffett and Charlie Munger discuss how, with the trading stamp company Blue Chip Stamps, they presided over a “decline of 99 1/2 percent.”
Book Recommendation – Intelligent Investor
(April 25, 1994) Warren Buffett and Charlie Munger discuss the best books they’ve read in the past year.
No Opinion about the Market
(April 25, 1994) Warren Buffett and Charlie Munger talk about why they don’t calculate how the market is doing on any given day into their stock-buying decisions.
The Warren Buffett Way 