Wisdom From Warren Buffett, Charlie Munger, and Steve Jobs

If you have an hour or two to kill today or sometime this weekend, these three Youtube clips should give you the chance to spend your free time learning from the best.

(1) The first video is a Warren Buffett speech/Q&A session at the University of Georgia a decade or so ago. As is often the case with video footage featuring Warren Buffett, the commentary runs from the straightforward (e.g. Buffett explains why Coca-Cola is an ideal investment because it is a brand name that generates good feelings among customers and is the type of product that can be consumed regularly) to the general funny life advice we’ve come to expect in a Buffett interview (he explains that the ideal trait in a romantic partner is low expectations). The reason why I like these types of clips so much is because they provide a chance to get past what Buffett does and gives us a chance to understand why he does it.

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Originally posted 2013-08-09 08:20:18.