Warren Buffett Leaves The Audience SPEECHLESS

Buffett advised students to stick with companies and industries that they know. "The most important thing is deciding what industries you can be right about," he said. "It's a terrible mistake to think you have to have an opinion on everything."

Recall the late 1990s, when tech and dot-com stocks were posting monster gains, and the Nasdaq rose 40 percent or more in some years. Buffett’s value approach was out of favor, Buffett was even called “a dinosaur” by some critics.

Now in year 2022, this type of name-calling appeared again.

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