Warren Buffett explains what the majority of investors and business people don’t understand about investing. He goes into detail on the ‘cost of capital’ concept which has oceans of nonsense written about it.
From Berkshire Hathaway Annual Shareholders Meeting. (2014)
Warren E. Buffett is an American long-term investor, philanthropist, business tycoon, and the chairman & CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world and has a net worth over 100 billion dollars. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth and made truly incredible stock market returns over his career.
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THIS Is The THING Most People Don't Realize About Investing | Warren Buffett
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