Interview with WARREN BUFFET the AMAZING INDIVIDUAL

[abhishekdaaga]

Dear
Point No 5 is wrong, that he does not own a private jet. Infact he owns aprivate jet but travels less on it. It is used by his juniiors like Charlie Munger. I have watched the video of Warren Buffet travelling in his private jet on some visit on Travel and Living channel. The name of the program was "Worlds richest people" or something like that.

Thanks
rahman

See properly it is not written as he does not own one.... it is written as he doesn't travel in it

5.) He never travels by private jet, although he owns the world's
largest private jet company.

 

[krazyking]

inspiring information

 

[mata_dewa]

nice share bro

 

[kurianfin]

dear friends please check warren buffett on youtube or in google video there are so many TV programmes on it , most of what these guys say are already on it. One can also get a few mp3 clips from the internet . Some good resources are 'Buffettology' and 'The warren Buffett way'

 

[marcus]

As you know, Mr. Buffett is a major shareholder in Coca Cola. In April 1993, with Coca Cola stock hovering around $39 per share, Mr. Buffett determined that he would be interested in buying more shares if the price fell below $35.

But instead of waiting for the price to fall, he simply wrote 5 million 'put' options with a $35 strike price. If Coke stock were to fall below $35, the option takers would 'put' their shares to him, which would have meant Mr. Buffett would be forced to buy the stock at $35. This was perfectly fine because he wanted to buy at that price anyway.

But if Coke rose instead, Mr. Buffett would be happy enough, since he collected a $1.50 option premium ($7.5 million). In other words, Mr. Buffett wins on both sides. If the price falls, he gets the stock at his price. If it goes up, he makes $7.5 million.

In fact, Coke never did fall to the targeted price, so Mr. Buffett did not get to buy the stock at $35. But he did pocket the premium when the options expired, and ended the day $7.5 million richer.

 

[kkseal]

Good one Marcus, as usual.

Regards,
Kalyan.

 

[mahesh2007]

wanna see warren's car,house and much more...

just visit the url

http://youtube.com/watch?v=iW1eg9p5wq4

 

[big_bull]

I want to tell you that, Warren Buffett is also called "ORACLE of OMAHA". ORACLE means the future seeker and OMAHA is the place from where he belongs.