transcript · 14,468 words

#182 Warren Buffett (The Making of an American Capitalist)

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In the annals of investing Warren Buffett stands alone. Starting from scratch, simply by picking stocks and companies for investment, Buffett amassed one of the greatest fortunes of the twentieth century. Over decades Buffett outperformed the stock market.

by a stunning margin and without taking undue risks of suffering a single losing year. This is a feat. long proclaimed to be impossible. By virtue of the steady superior compounding. Buffett acquired a net worth of billions.

Buffett's career unfolded as a sort of public tutorial on investing and on American business. Buffett was aware of his role from the very beginning, and and he nurtured a curious habit of chronicling his escapades even as he lived them. Where finance was so forbiddingly complex. Buffer could explain it.

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