Warren Buffett: Becoming Warren Buffett and Warren Buffett: How to Make a Fortune
Trader's Film Library #61 · People, money and institutions. Lessons in patience from the world's most famous investor.
Original title: Becoming Warren Buffett · The World's Greatest Money Maker · Type: documentaries · Created by: Peter Kunhardt (HBO, 2017), BBC (2009, Evan Davis) · Usefulness for traders: ★★★★☆
What it's about
Two documentaries about the world's most famous investor. “Becoming Warren Buffett” (HBO, 2017) shows his life, family and daily habits. The 2009 BBC documentary (Evan Davis) focuses on his investment method.
What it has to do with markets
Buffett is a long-term investor, not a trader, but his approach contains universal lessons: patience, staying within your circle of competence, waiting for good opportunities instead of acting for the sake of it.
Lessons for traders
- circle of competence: act where you understand
- patience is an edge (Mental workshop #10)
- avoid big losses more than you chase big gains
What to watch out for
Buffett's style doesn't translate directly to day trading. The principles do.
Discussion
The discussion takes place in Hetman Capital Club (in Polish). Join the discussion in the Club →
Navigation
← #60 Money for Nothing: Inside the Federal Reserve · Film Library index · #62 Icahn: The Restless Billionaire →
The description outlines the plot without revealing the ending where possible (true stories have a known outcome). Educational content, not investment advice.