Warren Buffett | Lecture | Georgetown University | September 19, 2013

Warren Buffett and Brian Moynihan holds a lecture + Q&A for students at Georgetown University.

[jatildon]

56:13 Warren explains his circle of competence; you don't have to be expert on everything

[jatildon]

36:34 The Investment tip from Warren;
"you need a sound approach or philosophy towards investing. Stocks sells at silly prices and it does not take a High IQ to figure out that a stock is selling cheap but it does take temperament of willing to step up and actually act. You don't have to be smart in Investing but need to have right temperament. You need to ignore other people and simply look at the fact. Occasionally, you come across this kind of situation and when you don't find it you don't do anything."

[hl]

Waste 10 mins BS before the man of point ..