Warren Buffet

In the video appears the legendary investor Warren Buffett for MBA students at the University of Florida.

Warren Buffet is an American investor, industrialist and philanthropist. He is widely regarded as one of the most successful investors in the world. Often called the "legendary investor”. He is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and is the third wealthiest person in the world as of 2011.

Conference is about “Value investing”, Value investing is an investment paradigm that derives from the ideas on investment and speculation that Ben Graham & David Dodd began teaching at Columbia Business School in 1928 and subsequently developed in their 1934 text: “Security Analysis”. Although value investing has taken many forms since its inception, it generally involves buying securities whose shares appear underpriced by some form of fundamental analysis.

Warren Buffett have argued that the essence of value investing is buying stocks at less than their intrinsic value. The intrinsic value is the discounted value of all future distributions.

However, the future distributions and the appropriate discount rate can only be assumptions. For the last 25 years, Warren Buffett has taken the value investing concept even further with a focus on "finding an outstanding company at a sensible price" rather than generic companies at a bargain price.

In my opinion Warren Buffett is one of the best investors in the world because he has been known to invest in the correct place and in the exactly moment. He only invests in products that he knows his performance, so he doesn’t tie up in new technologies due to he doesn’t understand his operation and he thinks that it isn’t correct invest in anything that you can’t control. 

If we follow his advice, we will invest in operations that we know about the topic and his environment because if we don’t control the situation, somebody can cheat us and it isn’t the objective if we want be billionaire.