Welcome to episode sixteen of the Doneson Podcast. Today we dive into the story of the most successful mogul of them all-Mr. Warren Buffett! But before we learn about Mr. Buffett, we just want to thank our two guest hosts on today program. Starting with Nashville financial planner, Mr. Charles Glover. If you need assistance with your own financial planning, you can reach out to Mr. Glover for a free consultation. Most certified financial planners (CFP) do not charge services fees but typically earn a 1% commission on Assets Under Management (AUM). So again, consultations are free and you can email Charles Glover at cglovertenn@gmail.com
Our second guest host is today is Mr. Mario Malone. He is based out of Nashville, Tennessee and is a realtor who can help you with any real estate questions you may have. He can be reached through his website www.mariomalonehomes.com
Warren Buffet is universally known as the most successful investor and because of that, he is the 4th wealthiest man in the world. The question is -how did he obtain that status? As the CEO of Berkshire Hathaway – a massive holding company that owns a multitude of private and public companies, Mr. Buffett has amassed a fortune by buying entire companies and controlling the dividends. Mr. Buffett has been a workaholic his entire life and still works to this day at 89 years of age. He credits much of his success with spending 80% of his day reading and keeping up with current events. But his commitment to work didn't come without consequences. Although he was married for 52 years, the last years were spent separated from his wife. He has been known to say that leaving his marriage for another woman was his biggest mistake. And then, there was the insider trading issue at Wells Fargo which prompted Buffett to sell many of his shares of the company. Despite his company Berkshire Hathaway owning Wells Fargo-Mr. Buffett did acknowledge that that when there's a problem, there's never just one. The only thing to decide on is this -is Warren Buffett's overall financial success the only thing that matters as a leader?