World Business Report

Billionaire investor Warren Buffett retires

9 snips
Dec 30, 2025
In this discussion, Sarah Rainsford, BBC East European correspondent, shares the latest on the Nord Stream sabotage trial, detailing arrests and legal challenges faced by those accused. Logan Wright from the Rhodium Group offers a critical analysis of China's GDP growth, arguing that official figures may be misleading due to a collapsing property market and weak domestic consumption. Both guests highlight how these developments could impact global markets and policy.
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ANECDOTE

Buffett's Lifelong Investing Story

  • Warren Buffett started investing very young: he earned money at six, bought his first shares at 11, and filed a tax return at 13.
  • Lawrence Cunningham describes Buffett as charismatic, witty, unassuming, and the same person on stage and in private.
INSIGHT

Reading Is Buffett's Edge

  • Buffett spends huge amounts of time reading annual reports and business material, which underpins his investment decisions.
  • Lawrence Cunningham says Buffett focuses on fundamentals and learns by voracious reading rather than forecasting the future.
INSIGHT

People Matter As Much As Fundamentals

  • Buffett assesses companies on fundamentals and evaluates leadership for trustworthiness and incentives.
  • He avoids partnering with people he does not like, trust, and admire because managers control resource deployment.
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