Warren Buffett carries an American Express card and about $400 in cash
Warren Buffett is worth $89.1 billion. But how much does he keep in his wallet?
“I probably carry, maybe, $400,” he said. “My wife likes to use cash.”
That’s not to say he pays for everything in cash.
“I've got an American Express (AXP) card which I got in 1964,” he said. “But I pay cash 98% of the time. If I'm in a restaurant, I always pay cash. It's just easier.”
In many ways, Buffett is no different than your average Joe.
In an exclusive interview with Yahoo Finance’s editor-in-chief Andy Serwer, Buffett identified some of his favorite things.
His favorite song is “My Way,” which was written by Paul Anka and popularized by Frank Sinatra.
Favorite movie is “The Bridge on the River Kwai.”
“There were a lot of lessons in that,” Buffett said of the film. “The ending of that was sort of the story of life. He created the railroad. And he really wanted the enemy to come in across it.”
[Click here for coverage of the 2019 Berkshire Hathaway Shareholders Meeting.]
His favorite book is a must-read for investors: “The book that had the most impact on my life was ‘The Intelligent Investor’ by Ben Graham,” he said. Graham was Buffett’s teacher and mentor.
Buffett is a known fan of “Breaking Bad.” But when asked for his favorite TV show, he didn’t identify a series.
“It would be [University of] Nebraska in some huge bowl game, and winning,” he said. The school is Buffett’s alma mater.
NOTE: This story first appeared on April 29, 2019.
Sam Ro is managing editor at Yahoo Finance. Follow him on Twitter: @SamRo
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