Interviewer: How do you keep up with all the media and information that goes on in our crazy world and in your world of Berkshire Hathaway? What’s your media routine?
Warren Buffett: I read and read and read. I probably read five to six hours a day. I don’t read as fast now as when I was younger. But I read five daily newspapers. I read a fair number of magazines. I read 10-Ks. I read annual reports. I read a lot of other things, too. I’ve always enjoyed reading. I love reading biographies, for example.
Interviewer: You process information very quickly.
Warren Buffett: I have filters in my mind. If somebody calls me about an investment in a business or an investment in securities, I usually know in two or three minutes whether I have an interest. I don’t waste any time with the ones which I don’t have an interest.
I always worry a little bit about even appearing rude because I can tell very, very, very quickly whether it’s going to be something that will lead to something, or whether it’s a half an hour or an hour or two hours of chatter.
I cant remember wher I heard just the other day that Warren Buffett reads six hours daily. I picked up my reading after hearing that. No frivolous reading material but reading material that will benefit me and my business. I like reading investment and financial material too. I spend most Saturdays in Barnes and Noble just reading! I do buy books and magazines as well!
Mae Cunningham
http://www.tlcwithmae.com
