African Enterprise TV

African Enterprise TV A Media Company committed to highlighting the exploits and achievements of Africans around the world.

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27/08/2025

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It's not every day someone gets to ask Warren Buffett how to become a billionaire — especially not with a microphone, a full crowd, and Charlie Munger sitting nearby. But in 1999, during Berkshire Hathaway's annual meeting, one audience member did just that.

He stood up and got straight to the point.

"My question is," he said, "if you were starting out again today in your early 30s, what would you do differently or the same in today's environment to replicate your success? In short, Mr. Buffett, how can I make $30 billion?"

Buffett didn't hesitate. "Start young," he replied.

That was the real answer, and it got a laugh — but Buffett didn't leave it there. He compared wealth-building to a snowball rolling down a hill, building momentum as it picks up more snow. "Charlie's always said that the big thing about it is we started building this little snowball on top of a very long hill… And the trick is to have a very long hill, which means either starting very young or living to be very old."

Then he gave the same investing advice he's repeated for decades — and still believes works today.

"I would do it exactly the same way if I were doing it in the investment world," Buffett said. "If I were getting out of school today and I had $10,000 to invest, I'd start with the As. I would start going right through companies. And I probably would focus on smaller companies… there's more chance that something is overlooked in that arena."

Buffett emphasized that buying pieces of good businesses at good prices never goes out of style — and no one's going to hand you the opportunities.

"You can't expect anybody else to do it for you. People will not tell you about wonderful little investments… you have to pursue it very vigorously and act on it when you find it," he said. "And you can't look around for people to agree with you. You can't look around for people to even know what you're talking about. You know, you have to think for yourself."

Munger followed up with his own reminder: getting to your first $100,000 is the hardest part.

"If you have a standing start at zero, getting together $100,000 is a long struggle for most people," Munger said. "And I would argue that the people who get there relatively quickly are helped if they're passionate about being rational, very eager and opportunistic, and steadily underspend their income grossly."

Buffett's fortune has since multiplied from roughly $33 billion in 1999 to more than $145 billion today, a 26-year stretch that reinforces just how durable his approach has been. His advice wasn't flashy, new, or easy—but it worked. Study businesses. Buy what's undervalued. Ignore the noise. And start early enough to let compound interest do the heavy lifting.

Replicating that success today isn't about chasing hot stocks or timing the market—it's about discipline, patience, and knowing your lane. For anyone looking to build long-term wealth, consulting a licensed financial advisor could help tailor those same principles to modern markets—and maybe even build a snowball of their own.

We’re hiring!We’re looking for talented and hardworking individuals take on key roles in our company!- Lead, Financial A...
27/08/2025

We’re hiring!

We’re looking for talented and hardworking individuals take on key roles in our company!
- Lead, Financial Advisory
- Head of Client Transaction Structuring & Origination
- Investment Banking Associate

If you qualify to work in this capacity, then apply via the links on the flyers.



Source: Norrenberger

27/08/2025

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27/08/2025

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The 9 Silent Killers of Men (Most Don’t Realize Until It’s Too Late):

Most men don’t fail because of enemies.
They fail because of quiet habits that eat them alive.

Here are the killers to avoid: 🩸

Good job!👌👌👌
27/08/2025

Good job!👌👌👌

Nigeria’s shea is our green wealth. We produce nearly 40% of the world’s supply, yet capture less than 1% of its $6.5bn global market. That imbalance ends now.

I have approved a six-month suspension of raw shea exports, on the recommendation of the Presidential Food Systems Coordinating Unit, to secure supply for local processors, create jobs, and protect a value chain where 95% of pickers are women.

This is a win for our farmers, for our women, and for Nigeria.

VP Kashim Shettima will work with stakeholders to rapidly expand processing capacity and ensure that this reform translates into lasting prosperity.

With new market access opening in Brazil and beyond, we will no longer export poverty and import value. We will create value at home, compete abroad, and deliver prosperity under the Renewed Hope Agenda.

~ Bola Ahmed Tinubu

26/08/2025

Very disturbing situation!😢😢😢

Scary!Pls check on your loved ones.
26/08/2025

Scary!
Pls check on your loved ones.

26/08/2025

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Wow!Credit: DataRoyals
26/08/2025

Wow!
Credit: DataRoyals

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