Warren Buffett Seizes Opportunities
There are two ways to respond to our current economic crisis. We can panic, or we can seize opportunities. Warren Buffett seizes opportunity. His maxim: Be greedy when others are fearful, and fearful when others are greedy.
Alice Schroeder authored the most recent Buffett biography, The Snowball. She talks about her experience with the Oracle of Omaha in this 18-minute video.
A Few Key Points from the Interview
- For Buffett, life is like a snowball. The important thing is finding wet snow and a really long hill.
- Buffett will watch a company that he likes for decades and do nothing until the price drops. Then he will pounce.
- Buffett has a passion for learning. He has tremendous intellectual curiosity.