New Warren Buffett Video – Omaha Press Club 1992
A never before released video has been put out by Jeremy Harris Lipschultz at the Huffington Post. I always put everything I’m doing on hold to read/watch anything new by Buffett.
The video is 95% Q&A–Buffett-style but the majority of the questions revolve around the news and the newspaper business. Buffett goes fairly in depth into how the newspaper business was superb at the time, but he could begin to see the cracks in its moat.
I thought the most interesting part relevant to investing was at the end where Buffett analogizes how he makes investments as simply assigning himself a (relatively easy) story to cover.