How Billionaires Become Billionaires: Warren Buffett
These are the last two segments of the BBC program by Evan Davis on billionaire Warren Buffet. Sounds like Warren is not a Randian.
How to Become a Billionaire: The Amazing Chuck Feeney Story
Chuck Feeney is the subject of a recent biography by Conor O’Clery, The Billionaire Who Wasn’t: How Chuck Feeney Made and Gave Away a Fortune Without Anyone Knowing. In a nutshell, Feeney built an empire in the duty free business over several decades beginning in the 1950s, became a billionaire, and then gave all his money away. Now you can learn about this inspirational man by watching this documentary on his business and life. It’s packed with business lessons. I also recommend the book. Continue reading
How to Quickly Enter into a New Geographic Market
Whether it’s expanding into a new state, province, or country it often makes sense to consider acquisition as a viable option instead of the traditional market penetration strategy based on sales & marketing.
Billionaires Have Quick Reaction Times to Both Opportunity and Crisis.
Here’s a great story from Martin Fridson about the importance of quick reaction time to crisis. Future billionaire Phillip Anschutz was contract drilling for Chevron in 1968, when a spark from a truck set his entire field ablaze. Continue reading
Bill Browder and Hermitage Fund
Bill Browder of the Hermitage Fund tells the story of how he got started as a deal-maker right after college as well as how he came close to losing it all in 1990s post-Soviet Russia.
I’ll provide a bit of background so that you understand the video better. Continue reading