This is a speech given at the University of Virginia by Alice Schroeder author of Snowball, the most extensive biography written and just released about Warren Buffett. I found this to be an intriguing speech. It starts getting good about minute 10 and found it really interesting around minute 18 containing several insights on how Buffett looks at companies. The question and answer session is subpar. Main takeaway is that he does zero forecasting and looks at everything like a horse handicapper. I highly recommend taking the time to watch this. Thanks goes to Pete.
http://www.youtube.com/watch?v=PnTm2F6kiRQ&NR=1
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