Warren Buffett, every mention
108 scenes (said by Shane Parrish) · ← back to Warren Buffett
every year anyone Shane Parrish 305Morgan Housel 29Joel Greenblatt 23Tom Gaynor 17Brent Beshore 17Tracy Britt Cool 15Bill Ackman 14Sanjay Bakshi 13John Bragg 13Adam Robinson 12
Verbatim, from the transcripts: the passages where Warren Buffett comes up
John D. Rockefeller: The Principles Behind The Greatest Fortune in History
- ▶ 2:49:04 Shane Parrish And if you look at Warren Buffett, they did a lot of the same things.
An Unlikely Empire | J.W. Marriott
- ▶ 15:26 Shane Parrish This is a lesson that Warren Buffett understands. 2 times in the scene
Michael Ovitz: The Psychology of Power
- ▶ 1:07:21 Shane Parrish One of the most interesting answers I've heard to that question is Warren Buffett, and he says when he's reading, he's not reading for your opinion, he's reading for the facts. 3 times in the scene
Morgan Housel: Wealth is What You Have Minus What You Want
- ▶ 21:17 Shane Parrish And the idea of Buffett and how, uh, we handled the financial crisis came up. 2 times in the scene
The Multidisciplinary Approach to Thinking | Peter D. Kaufman [Outliers]
- ▶ 14:25 Shane Parrish And when Peter asks how many people are truly constant, he names two from his own experience, Warren Buffett and Charlie Munger. 2 times in the scene
How to Think Like a World-Class Marketer | Rory Sutherland
- ▶ 29:38 Shane Parrish Well, Buffett had this saying where his directive, his letter, I guess, to all of his CEOs after he acquired the company was
- ▶ 1:25:11 Shane Parrish Buffett and Munger had a good way to sum this up, which is never ask your barber if you need a haircut, yeah.
Charlie Munger: The Psychology of Human Misjudgment [Outliers]
- ▶ 0:40 Shane Parrish Munger was the partner of Warren Buffett, and together they created one of the best track records the world has ever seen, and they used psychology to do it.
- ▶ 6:15 Shane Parrish In investing, this creates what Munger and Buffett call falling in love with your companies.
- ▶ 17:26 Shane Parrish And Warren Buffett added, what the human being is best at doing is interpreting all new information, 3 times in the scene
- ▶ 24:36 Shane Parrish Warren Buffett has repeatedly said that it is not greed that drives the world, but envy. 2 times in the scene
- ▶ 45:33 Shane Parrish Warren Buffett's solution to this was very practical.
- ▶ 49:31 Shane Parrish Well, Warren Buffett answered this. 2 times in the scene
Forensic Account: The Bubble No One is Talking About | Anthony Scilipoti
- ▶ 24:36 Shane Parrish And then on top of that, like just from my, like how I sort of approach things, you have the greatest investor of all time, 6 times in the scene
- ▶ 27:35 Shane Parrish I remember this interview Alice Schroeder did, and she hasn't done many interviews, and one of the most illuminating things that I remember from that interview is that Buffett, when he was looking at patterns and
- ▶ 53:38 Shane Parrish I remember Buffett and Munger getting tailed with something with the SEC in the early seventies, I think it was.
- ▶ 1:21:52 Shane Parrish Why do you think so few people, like everybody talks like Buffett, and then a situation like 2008 comes along, and people were paralyzed. 8 times in the scene
Jim Clayton: Turning Competitors’ Mistakes Into $1.7B [Outliers]
- ▶ 0:25 Shane Parrish Seven years later, Warren Buffett would read his autobiography and buy his company for 1.7 billion dollars in cash.
- ▶ 2:06 Shane Parrish He would one day sell his company to Warren Buffett, but first he had to learn the value of a seed.
- ▶ 53:35 Shane Parrish Then Warren Buffett called.
Building Great Businesses | Tracy Britt Cool
- ▶ 29:51 Shane Parrish I've always, as an outsider to Berkshire, thought a lot of the success resulted from the fact that nobody could come in at a certain point in time and tell Buffett to do something different.
- ▶ 1:28:04 Shane Parrish I want to circle back to this because it just brought back a little bit of a memory, uh, and it involves Buffett, but it was interesting.
Hetty Green: The Witch of Wall Street [Outliers]
- ▶ 0:59 Shane Parrish She bought entire towns, faced down a railroad baron with a loaded gun and accumulated wealth using strategies so ahead of their time that Warren Buffett is still using them today. 2 times in the scene
- ▶ 10:31 Shane Parrish It sounds a lot like Warren Buffett, who would later say the key to investing success is to be fearful when others are greedy and 4 times in the scene
- ▶ 36:25 Shane Parrish Warren Buffett living modestly in Omaha while managing billions follows principles Hedy would have approved of. 2 times in the scene
Ed Stack: Lessons from Dick’s Sporting Goods [Outliers]
- ▶ 57:43 Shane Parrish Warren Buffett later encapsulates the exact same idea by saying, we never want to count on the kindness of strangers in order to meet tomorrow's obligations.
- ▶ 1:17:02 Shane Parrish After nearly losing everything in 1996, Ed learned what Buffett already knew.
Fred Smith: The Story of FedEx [Outliers]
- ▶ 50:04 Shane Parrish Warren Buffett said, 15 years of family culture were shattered overnight. 2 times in the scene
How John Bragg Built 3 Empires From a Small Town [Outliers]
- ▶ 46:38 Shane Parrish His favorite Buffett quote became a bit of a mantra for him.
- ▶ 1:04:49 Shane Parrish His favorite Buffett quote is, I am a better investor because I'm a businessman and a better businessman because I'm an investor.
Ryan Petersen: Building Flexport
- ▶ 1:20:34 Shane Parrish You know, one of the things that Buffett has always said is he looks at intermodal rail volume as a leading indicator for the economy. 2 times in the scene
Katharine Graham: The Woman Who Took Down a President [Outliers]
- ▶ 2:02 Shane Parrish Oh, and if that wasn't enough, thanks to an unlikely friendship with Warren Buffett, she ended up with one of the best track records by shareholder return in business history.
- ▶ 28:13 Shane Parrish Warren Buffett had bought five percent of her company without telling her. 22 times in the scene
- ▶ 45:01 Shane Parrish Under Buffett's guidance, she authorized aggressive stock buybacks when the shares were undervalued, maintained a conservative balance sheet with virtually no debt, made selective acquisitions that transformed the company.
- ▶ 48:50 Shane Parrish Warren Buffett captured her essence best.
- ▶ 53:33 Shane Parrish Warren Buffett bought five percent of her company without asking. 2 times in the scene
Jimmy Pattison: Building a $16B Empire Without Connections, Capital, or Credentials [Outliers]
- ▶ 48:03 Shane Parrish What I find fascinating, Jimmy discovered what Buffett and Munger had been practicing for years, that capital allocation is the CEO's most important job, but he learned it the hard way through near total failure.
- ▶ 1:03:19 Shane Parrish Jimmy Pattison is often dubbed as Canada's Warren Buffett, a comparison that Buffett even himself playfully flipped and said back in Omaha, unknown as the Jim Pattison of the United States. 3 times in the scene
Anna Wintour: Vogue [Outliers]
- ▶ 53:39 Shane Parrish As Warren Buffett says, only when the tide goes out do you discover who's swimming naked.
Rose Blumkin: Women of Berkshire Hathaway [Outliers]
- ▶ 0:56 Shane Parrish How did this penniless refugee build a billion dollar empire, and why did Warren Buffett later say he'd rather wrestle grizzlies than compete with Miss B?
- ▶ 1:49 Shane Parrish When the world's greatest investor, Warren Buffett, met Rose Blumpkin, he said simply, I'd rather wrestle grizzlies than compete with Miss B. 2 times in the scene
- ▶ 18:50 Shane Parrish As Buffett would later observe, this wasn't business acumen you could learn at Harvard.
- ▶ 25:31 Shane Parrish When Warren Buffett quipped at a Berkshire Hathaway meeting that he'd like to introduce Berkshire Hathaway's managers except Ms.
- ▶ 26:13 Shane Parrish Warren Buffett had known of Nebraska Furniture Merck for many years. 14 times in the scene
- ▶ 29:45 Shane Parrish One thing that's interesting here is how both Rose and Buffett prioritize character over credentials. 3 times in the scene
- ▶ 31:20 Shane Parrish As Buffett observed, everything Miss B knew how to do, she would do fast. 5 times in the scene
- ▶ 35:26 Shane Parrish And when Warren Buffett, the world's greatest investor, was asked about Rose after her death, he said simply, 2 times in the scene
- ▶ 41:14 Shane Parrish Warren Buffett bought her business on a handshake with no audit because character recognition works both ways.
Y Combinator CEO Garry Tan: Turning Ambitious Misfits into Founders
- ▶ 32:34 Shane Parrish Um, and because they can't maintain the simplicity, they can't maintain the focus, they can't do the secret sauce, which obviously has a lot to do with, with Charlie Munger and Warren Buffett. 2 times in the scene
- ▶ 2:10:03 Shane Parrish It's the same as going back to Buffett, just tying a few of these conversations together, right? 2 times in the scene
Henry Singleton: The Greatest Capital Allocator in History [Outliers]
- ▶ 1:14 Shane Parrish While other business leaders were caught out of position and desperately trying to save their companies, Singleton quietly executed a strategy so unconventional that Warren Buffett later admitted, I wish I had had the courage to do it… 2 times in the scene
- ▶ 3:16 Shane Parrish What do you get when you mix a chess prodigy, a mathematician, a brilliant engineer, and an investment savvy that literally made Warren Buffett jealous? 2 times in the scene
- ▶ 20:37 Shane Parrish Warren Buffett was an admitted singleton admirer, and we can see how Teledyne's decentralized structure with centralized capital allocation became central to Berkshire Hathaway's playbook.
- ▶ 26:02 Shane Parrish And as you probably already noticed, there's a lot of parallels to Singleton, Buffett, and Munger, Berkshire Hathaway, and Teledyne. 3 times in the scene
- ▶ 28:28 Shane Parrish This pivot was remarkably similar to what Warren Buffett was doing at Berkshire Hathaway around this exact same time, buying insurance companies and using the insurance float as a form of low-cost capital that could be invested for higher… 2 times in the scene
James Dyson: Against the Odds [Outliers]
- ▶ 1:06:02 Shane Parrish And one of the things that he mentioned to me was, he said, Warren and I have rarely been forced into a bad decision.
Estée Lauder: A Success Story
- ▶ 2:15 Shane Parrish Warren Buffett and Charlie Munger said it was a crime that business schools didn't study Henry Singleton.
Josh Wolfe: Human Advantage in the World of AI
- ▶ 21:33 Shane Parrish I always come back to sort of Buffett in the sixties with the loom, right?
Andrew Mellon: America’s Secret Banker [Outliers]
- ▶ 6:19 Shane Parrish They understood something that modern investors like Warren Buffett and Charlie Munger would later teach so simply.
- ▶ 20:11 Shane Parrish And you can think of the 2008 financial crisis and how Buffett was able to deploy billions of dollars 4 times in the scene
- ▶ 53:15 Shane Parrish We see this pattern in great minds like Munger and Buffett and guests that we've had on the show.
- ▶ 1:00:54 Shane Parrish This reminds me of something Warren Buffett said.
Timothy Eaton: How to Build an Empire (And Why It Crumbled) [Outliers]
- ▶ 36:19 Shane Parrish I wanted to see what Warren Buffett had to say about retailing, so I looked it up. 2 times in the scene
- ▶ 38:35 Shane Parrish As Buffett commented, You have to be smart and
Codie Sanchez: Your Blueprint to Financial Freedom
- ▶ 1:01:38 Shane Parrish One of Buffett's filters, I think, if I remember my reading correctly, is that, uh, he was super friendly with people, but if they asked him for a favor, it was an indication that they weren't necessarily friends in the other person's eye,…
Adam Karr: The Investing Blueprint
- ▶ 57:20 Shane Parrish Going back to TSMC for a second, I think one of Buffett's filters is, is it knowable? 2 times in the scene
- ▶ 58:36 Shane Parrish Talk to me about that a little bit, because I think one of Buffett's earned secrets that most people don't recognize is that he's always in a position for success. 5 times in the scene
- ▶ 1:05:23 Shane Parrish Are there particular lessons from Munger and Buffett that you try to remember every day that have made more of an impact for you?
John Mackey: Building Whole Foods
- ▶ 2:01:25 Shane Parrish Warren Buffett. 4 times in the scene
John Bragg: The Blueberry Billionaire
- ▶ 47:41 Shane Parrish Buffett talks about, well, I want all my managers to run their businesses as if they own a hundred percent of it. 6 times in the scene
- ▶ 1:06:55 Shane Parrish It's one of the differences that strikes me from your past and, and his, and they both obviously worked out exceptionally well, is that after the sixties, he basically seemed positioned for success no matter what happened. 10 times in the scene
Brian Halligan: Building HubSpot into a Multi-Billion Dollar Company
- ▶ 58:59 Shane Parrish It's like w we, we love Warren Buffett, but we want him to also be a better family man. 2 times in the scene
Brent Beshore: Business Brilliance and Happiness at Home
- ▶ 2:02:07 Shane Parrish Why don't you do a totally hands-off model like Buffett?
Morgan Housel: Get Rich, Stay Rich
- ▶ 10:01 Shane Parrish Because when we look at Buffett, what we want is the outcome, and what we don't think about is all the things that go into creating that outcome. 10 times in the scene
David Segal: Building a $200m Business
- ▶ 56:53 Shane Parrish You mentioned Warren Buffett. 18 times in the scene
Chris Davis: Three Generations of Wealth
- ▶ 1:16:05 Shane Parrish Because Berkshire Hathaway was able to do what it did because Buffett owned so much.
Tom Gayner: Invest Like The Best
- ▶ 1:02:18 Shane Parrish You put Warren Buffett in that situation, he's not going to make a great decision.
Todd Herman: Unleashing Your Secret Identity
- ▶ 10:49 Shane Parrish I want to go back to Buffett and Munger for a second. 8 times in the scene
Ravi Gupta: The Realities of Success
- ▶ 57:05 Shane Parrish Well, you know, the example that comes to mind is like Warren Buffett, right? 2 times in the scene
Andrew Wilkinson: Tiny Holdings
- ▶ 13:01 Shane Parrish Do you remember David Sokol, who used to work at Berkshire Hathaway with Warren Buffett?
Kunal Shah: Core Human Motivations
- ▶ 1:25:10 Shane Parrish So that goes to sort of Buffett's idea of this inner versus outer scorecard.
- ▶ 2:03:46 Shane Parrish And when you ask yourself, like, what would Warren do?
David Sinclair: Reversing the Aging Process
- ▶ 48:27 Shane Parrish Yeah, I think it was Buffett, Warren Buffett, who, who at one point said something along the lines of the key to his age was the fact that he has no stress in his life.
#122 Robert Cialdini - The Principles of Persuasion
- ▶ 1:01:38 Shane Parrish Um, what makes Warren Buffett so successful? 2 times in the scene
#116 Jeff Immelt: Leadership In A Crisis
- ▶ 12:48 Shane Parrish How did the Warren Buffett deal come together? 3 times in the scene
#111 Joel Greenblatt: Investing Made Simple
- ▶ 43:35 Shane Parrish One thing that Buffett doesn't seem to do ever is stock options. 2 times in the scene
#105 Seth Godin: Failing On Our Way To Mastery
- ▶ 38:24 Shane Parrish I want to come back to something you said about sort of winning the, the birth lottery here, the ovarian lottery, I think as Buffon calls it, um, and how, how that puts us sort of on a trajectory that we, we didn't control, right?
#102 Sendhil Mullainathan: The Chaos Inside Us
- ▶ 1:17:40 Shane Parrish Where you, and I think that, you know, what we're describing in a really roundabout way is like how Buffett has 4 times in the scene
#97 Roger Martin: Forward Thinking
- ▶ 40:42 Shane Parrish One of the things I ascribe that to is that Buffett and Munger controlled about 40% of its shares until recently so they could sit on cash and not do anything and not worry about an activist investor or, you know, and what they were really…
#89 Maria Konnikova: Less Certainty, More Inquiry
- ▶ 26:22 Shane Parrish Um, you know, people have said that Buffett's lost it, too, and every time, you know, that, that popular sort of sentiment rears its head, he tends to 3 times in the scene
- ▶ 1:15:40 Shane Parrish I think like Warren Buffett calls that the ovarian lottery, right?
#88 Derek Sivers: Innovation Versus Imitation
- ▶ 14:24 Shane Parrish Like if you think maybe Warren Buffett's a good example, right? 5 times in the scene
#85 Bethany McLean: Crafting a Narrative
- ▶ 1:14:24 Shane Parrish Coming out of that, the Buffett meeting, did you change anything about what you do?
#82 Bill Ackman: Getting Back Up
- ▶ 1:22:37 Shane Parrish What are some of the lessons that you've learned over the years from Warren Buffett and Charlie Munger? 15 times in the scene
#53 Howard Marks: Luck, Risk and Avoiding Losers
- ▶ 0:38 Shane Parrish The most famous investor ever, Warren Buffett, said of Howard, when I see memos from Howard Marks in my mail, they're the first thing I open and read.
#50 Josh Wolfe: Inventing the Future
- ▶ 1:31:49 Shane Parrish Buffett said he had the best 32nd mind in the world. 2 times in the scene
#47 Adam Robinson: Winning at the Great Game (Part 1)
- ▶ 46:29 Shane Parrish Okay, but hasn't Warren Buffett become, like, one of the richest people in the world off that very algorithm? 9 times in the scene
#37 Annie Duke: Getting Better by Being Wrong
- ▶ 1:48:35 Shane Parrish I mean, Buffett was on the cover of, uh, what, Time Magazine, 1999, as being out of touch, and yet we're still talking about him today. 3 times in the scene
#36 William MacAskill: The Science of Doing Good
- ▶ 7:37 Shane Parrish I guess when you're talking about that, I mean, one of the things that comes to mind is, uh, Warren Buffett's decision, um, to give away most of his wealth, but not do it until he had, uh, compounded it over a period of, you know, 70… 6 times in the scene
- ▶ 24:37 Shane Parrish Uh, I think Warren Buffett has a similar plan. 2 times in the scene