This is a different kind of Warren Buffett video.
In 1992, Buffett sat down with members of the Omaha Press Club for a seminar about dealing with the news media. It wasn’t a Berkshire annual meeting or a polished television interview, just Buffett in a room with local journalists taking their questions.
He begins by talking about his family’s history in newspapers. His grandfather owned a small-town Nebraska paper, his parents met at The Daily Nebraskan, and Buffett delivered both The Washington Post and its competitor as a teenager.
The discussion then turns to whether America’s true national debt was much larger once future Social Security promises were included. Buffett explains why the headline debt figure did not tell the entire story:
“The country has more taxing power than it’s used.”
Omaha Press Club, 1992. Part 1.
The Final day of our office Toys for Tots collection drive. We will deliver all of these toys this afternoon so they get distributed before Christmas to the kids who are very much looking forward to them!!
We appreciate everyone's continued generosity to this annual event!
Arizona Athletic Grounds is a $250 million monument to America’s youth-sports frenzy. But behind the gleaming facade is fraud and deception, according to prosecutors. https://t.co/ebjwJ6MBtU
Warren Buffett has no social media accounts. No email newsletter. No podcast.
And yet it took 20 minutes just to walk to the end of the line at the Berkshire Hathaway shareholders meeting this morning.
The ultimate influencer ignores all the modern rules of influencing.