Stand Up! Business

Feasting at the Buffett


Listen Later

When hunger strikes, the fiscally responsible glutton knows what to do: scout around until you find a hotel with a buffet and pile your plate like it’s a game of edible Jenga. Essentially, that is what investors have achieved over the years by backing Warren Buffett, who retired at 94 over the weekend; investment Jenga. The Economist calculates that from 1965, when Buffett made his first investment, to the end of last year, Berkshire’s value rose by more than 5.5 million percent, on average 20% annually. The S&P 500 gained 39,000% over that time. Buffett is now worth $162 billion, and he is now going to devote himself to giving most of it away. Entrepreneur Mark Barnes and Daily Maverick Editor at Large Tim Cohen unnecessarily add to the superlatives, and conclude that SA could do with some of that investment nous. Enjoy.Production and Editing by Tevya Turok Shapiro.
Music & Design by Bernard Kotze.
Created by Mark Barnes, Tim Cohen, Bernard Kotze & Branko Brkic.
...more
View all episodesView all episodes
Download on the App Store

Stand Up! BusinessBy Daily Maverick

  • 4
  • 4
  • 4
  • 4
  • 4

4

4 ratings


More shows like Stand Up! Business

View all
The Naked Scientists Podcast by The Naked Scientists

The Naked Scientists Podcast

600 Listeners

More or Less: Behind the Stats by BBC Radio 4

More or Less: Behind the Stats

889 Listeners

Babbage from The Economist by The Economist

Babbage from The Economist

588 Listeners

The Gareth Cliff Show by The Real Network

The Gareth Cliff Show

69 Listeners

The Money Show by Radio 702

The Money Show

39 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,969 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

6,823 Listeners

BizNews Radio by BizNews

BizNews Radio

21 Listeners

Honest Money by Warren Ingram

Honest Money

10 Listeners

MoneywebNOW by Moneyweb Radio

MoneywebNOW

5 Listeners

Podcasts from the Edge by TimesLIVE Podcasts

Podcasts from the Edge

6 Listeners

History of South Africa podcast by Desmond Latham

History of South Africa podcast

104 Listeners

The Rest Is Politics by Goalhanger

The Rest Is Politics

3,139 Listeners

In Good Company with Nicolai Tangen by Norges Bank Investment Management

In Good Company with Nicolai Tangen

186 Listeners

Unhedged by Financial Times & Pushkin Industries

Unhedged

141 Listeners