I thoroughly dislike watching CNBC for investing purposes due to all the noise. When the markets are up, they bring on every single pundit to talk about how the market is going higher. When the markets are down, they bring on all the bearish pundits to tell you why the world is coming to an end. I remember when the S&P hit the ominous 666 level earlier this year, they brought in a “famed” technical analyst who said to expect S&P 200 by year-end. What was her name again? I forget. Watch CNBC for entertainment purposes mainly, and a little bit of learning. Don’t watch CNBC to get rich.
Sometimes though, CNBC puts together something great. And that great feat was bringing Warren Buffet (Columbia B-School Alum) and Bill Gates together in a town hall with all their business school students to ask them questions.
Here are some of the most memorable lines paraphrased from the show: