Warren Buffett's Best Advice, and Why We Need to Be Reminded

Why do investors flock to Omaha for Berkshire Hathaway's annual meeting when Warren Buffett has been saying a lot of the same things for decades? There's got to be more to it than the free samples of See's peanut brittle. It turns out, even the best -- and most Foolish -- investors need to be reminded of the basics once in a while.

Click on the following video to find out why.

Thanks to the savvy of investing legend Warren Buffett, Berkshire Hathaway's book value per share has grown a mind-blowing 586,817% over the past 48 years. But with Buffett aging and Berkshire rapidly evolving, is this insurance conglomerate still a buy today? In The Motley Fool's premium report on the company, Berkshire expert Joe Magyer provides investors with key reasons to buy as well as important risks to watch out for. Click here now for instant access to Joe's take on Berkshire!


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  • Report this Comment On May 18, 2013, at 1:27 PM, sourkraut1969 wrote:

    I stopped taking Warren sirously after the "Richest need to ante up their fair share of taxmoney" bit.

  • Report this Comment On May 18, 2013, at 3:29 PM, doco177 wrote:

    we need look no further than the top o’ the 1%, the Oracle of Omaha. Peter Schweizer of Reason reckoned in an exposè published last year on Warren Buffett that this folksy fellow “needed the TARP bailout more than most.”

    Let’s run through the numbers. Berkshire Hathaway firms in total received $95 billion in TARP money. Berkshire, you’ll recall, held stock in Wells Fargo, Bank of America, Goldman Sachs and American Express. Not only did these companies receive TARP funds… they also dipped into the FDIC’s treasury to back their debt. Total bailout: $130 billion. TARP-enabled companies accounted for 30% of the Oracle’s publicly disclosed stock portfolio.

    He’s definitely one of the top beneficiaries of the big bank bailout. And to sharpen the sting, he even got a better deal to help ailing Goldman Sachs than our own government. Buffett got a 10% preferred dividend while the Feds got all of 5%. He cleaned up with $500 million a year in dividends. Without the bailout, you can bet many of his stock holdings would have gone near-zero instead.

  • Report this Comment On May 18, 2013, at 5:06 PM, captaintodzilla wrote:

    if they want change FIX AMERICA FIRST. its simple to do for the rich. get a Honest President to declare ww3 so they cant get rid of him before his changes take hold. go to war against GREED , IGNORANCE, SELF-ENTITLEMENT, AND POLITICAL CORRECTNESS send our prisoners off to countries were at war with not our children. use our military as a border. change the charity margins so 70% goes to the charity and 30% go to the fundraisers (opposite of how it is now) invest in our children more than our prisoners. make all public office wages same as minimum wage. cap profit margins in America I don't like paying for the mistakes of others. gas prices went up after the bp oil spill because they wanted to recover their losses. our society runs the way it does because it is designed that way for the rich by the rich. their are many common sense simple ways to change things to make a better world to live in. legalize marijuana god made it man banned it, the rich cotton farmers were afraid of the hemp industry would make them poor. legalize prostitution maybe less children will get abducted. until we can prioritize correctly , have accountability , and worry about the American instead of the American dollar things will remain perverted.

  • Report this Comment On May 18, 2013, at 9:06 PM, nanakama wrote:

    It is NOT the President; it is Congress. Reform Congress! Please!!

  • Report this Comment On May 18, 2013, at 11:34 PM, grampakrapsicher wrote:

    Evidently, Insurance policies sold and being paid for with payments have been rising faster than the payouts on the policies. The taxes on this payment income is not taxed until the payouts on the policies involved occurs, so Hathaway income is essentially tax free.

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