Warren Buffett, the legendary investor, shares his perspective on the banking industry and the urgent need for change. Explore his views on the role of bankers and their values, as well as the consequences of poor regulation and communication. Don't miss this exclusive interview for a deeper understanding of the challenges and opportunities in the banking sector.
Warren Buffett's Recommended Book List:
► Video Transcript & YAPSS Takeaway:
This speech is given by Warren Buffett & Charlie Munger at Berkshire Hathaway Annual General Meeting on May 6, 2023.
► Full Video:
☆Who is Warren Buffett (The Oracle of Omaha)?☆
Warren E. Buffett is one of the most successful investors in the world and the chairman & CEO of Berkshire Hathaway, who has a net worth of over 100 billion dollars. Warren Buffett's Berkshire Hathaway has posted average annual returns of 17.1% since 1985, well ahead of the broader stock market’s 10.5% including dividends. If you’d invested $10,000 in Berkshire Hathaway at the start of 1985 you’d now have $2.4 million; the same principal in the S&P 500 would now be worth about $227,000.
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