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Berkshire Hathaway exec Warren Buffett discusses the 'casino-like' behavior of financial markets, provides tips on avoiding snake-oil salesmen, and recounts the time when Charlie Munger advised him of a major error.

Fortune LogoFortune2 mo ago

 Berkshire Hathaway exec Warren Buffett discusses the 'casino-like' behavior of financial markets, provides tips on avoiding snake-oil salesmen, and recounts the time when Charlie Munger advised him of a major error. - Fortune

Quick Summary:

"He told me – correctly! – that I had made a dumb decision in buying control of Berkshire.

But, he assured me, since I had already made the move, he would tell me how to correct my mistake".

“He told me – correctly! – that I had made a dumb decision in buying control of Berkshire.


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 Berkshire Hathaway exec Warren Buffett discusses the 'casino-like' behavior of financial markets, provides tips on avoiding snake-oil salesmen, and recounts the time when Charlie Munger advised him of a major error. - Fortune (Picture 1)

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Article Details

Author / Journalist: Josh Funk, The Associated Press

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-02-25 @ 15:27:10 (2 months ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 38 words

Reading Time: 1 minutes read

Sentences: 33 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 20207761

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 19 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 19 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

Publisher Details

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The story " Berkshire Hathaway exec Warren Buffett discusses the 'casino-like' behavior of financial markets, provides tips on avoiding snake-oil salesmen, and recounts the time when Charlie Munger advised him of a major error." has 38 words across 33 sentences, which will take approximately 1 minutes for the average person to read.

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The story " Berkshire Hathaway exec Warren Buffett discusses the 'casino-like' behavior of financial markets, provides tips on avoiding snake-oil salesmen, and recounts the time when Charlie Munger advised him of a major error." was covered 2 months ago by Fortune, a news publisher based in United States.

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Fortune is a fully independent (privately-owned) news outlet established in 1929 that covers mostly economy and business news.

The outlet is headquartered in United States and publishes an average of 19 news stories per day.

It's most recent story was published 19 hours ago.

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  • URL: https://beamstart.com/news/warren-buffett-on-markets-casino-17088753259159

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