We Study Billionaires - The Investors Podcast

Trey Lockerbie chats with Dr. David Kass, who is a Ph.D. economist and professor at the University of Maryland. They discuss how Buffett bought Berkshire after letting his emotions get the best of him and why it was originally a huge mistake, his overpayment for Precision Castparts, and much more! IN THIS EPISODE, YOU'LL LEARN: 09:47 - The story of how Buffett bought Berkshire after letting his emotions get the best of him and why it was originally a huge mistake. 15:04 - How he could have made hundreds of billions more had he simply invested in insurance. 20:49 - His position in Conocophillips that resulted in a loss and how even through all of that, 1 single dollar invested with Buffett in 1965 would now be worth $3.65M 23:00 - Why buying Dexter Shoes was, in Buffett's words, the worst purchase he ever made. 30:42- How he missed out on Google, Amazon, and others 41:29 - His overpayment for Precision Castparts. And a whole lot more! *Disclaimer: Slight timestamp discrepancies may occur due to podca