Warren Buffett speaks with Florida University

Warren Buffett speaks at the University of Florida, detailing the Graham Buffett Concentration in Security Analysis. He shares personal anecdotes and investment philosophies, emphasizing integrity, understanding businesses, and avoiding unnecessary risks. Buffett answers questions on topics ranging from Japanese investments and the Long-Term Capital Management crisis to company moats, valuation methods, and diversification strategies. He stresses the importance of working in jobs one loves, learning from mistakes, and focusing on what is knowable rather than macroeconomic predictions, advocating for a value-driven, long-term investment approach.