Warren Buffett
American investor and former CEO of Berkshire Hathaway
5
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Oct 2, 2026
As Warren Buffett Steps Down - What Made Him So Great
46:41
47:03
Warren BuffettGUEST
... uh, it, it, it, three lifetimes, you are looking at less than 1% of the world's population, closer to half of 1%.
Warren BuffettGUEST
I mean, you know, in terms of hours of unpleasant labor, everybody's got hours of unpleasant labor [laughs] in those days, practically.
11 MINS LATER
As Warren Buffett Steps Down - What Made Him So Great
W
6:04Warren BuffettGUEST
I mean, I'll write a little bit about the annual report, but choosing what you do and who you do it with you know, if you're like me, you're going to spend 70 years or something.
W
6:23Warren BuffettGUEST
My assistant hasn't worked the whole time with me, but she went to work for Berkshire when she was 17.
23 MINS LATER
Bonus: Warren Buffett in Omaha 7/15/26
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12:13
Becky QuickHOST
But what are your goals for the money? And you, you kind of intimated that the kids have similar goals as to what you have.
Warren BuffettGUEST
There are all kinds of ways in which the world is as unequal as a- as you can possibly imagine.
Warren BuffettGUEST
I mean, just imagine in health or the luck of birth or all those sort of things, and the, the ultimate goal is to make life better for the people who get short straws.
Warren BuffettGUEST
And there's a lot more people who get short straws [laughs] than we'll ever be able to take care of.
Warren BuffettGUEST
And, and my kids will have more insight into certain areas than I would, and I w- I have more insight into than, than they do just because of different interests and exposure.
Warren BuffettGUEST
But- The one thing I'm convinced of is that they will be attempting to do something, and they'll be better at it, and the probability is that they've got more years to live than I do.
26 MINS LATER
Warren Buffett & Berkshire Hathaway’s 2026 Annual Meeting: Part 2 5/3/26
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Becky QuickHOST
Just looking at the macro stock market environment, what does this feel like to you? Is, does it feel expensive? Does it feel like there are opportunities in some places?
Warren BuffettGUEST
Well, it feels like, you know, I've, I've compared it, the markets, to a church with a casino attached, and, and people can move between the church and casino.
Warren BuffettGUEST
And, and I would say there are more people in the church than more people in the casino, but the casino's gotten very attractive to people.
Warren BuffettGUEST
You know, if you're buying one-day options or selling them, I mean, uh, that is, uh, that's not investing, it's not speculating, it's gambling.
Warren BuffettGUEST
There's nobody that can explain why they're buying an option for one day unless they ha- may- maybe, maybe the fellow that, that, uh, you know, made the 400 and something thousand dollars from knowing when we were going into Venezuela could [laughs] do it.
14 MINS LATER
Warren Buffett in Omaha 3/31/26
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Warren BuffettGUEST
... who came to that church in 1963, and it was a dying church in a changing part of the neighborhood in San Francisco.
Warren BuffettGUEST
And, uh, they weren't glad to see him, uh, the 100-or-so parishioners that were left.
Warren BuffettGUEST
It, it, it, it, it gave hope and life to people that the world had given up on.
Warren BuffettGUEST
[laughs] And, uh, uh, I watched Cecil and, uh, I could see what he was doing, and he, he was for real.
35 MINS LATER
