Singer Le Chanwon revealed that he does not even have a stock account as the KOSPI surpassed the 8,000 mark.
On the broadcast of KBS 2TV's Celeb Soldier's Secret at 8:30 p.m. on the 19th, the program focuses on the life, investment philosophy and longevity secrets of Warren Buffett, who is called the "longest-living rich man."
With the KOSPI breaking through the 8,000 intraday level for the first time in history, Celeb Soldier's Secret presents a lively investment talk featuring top comedian Jang Do-youn and economic creator Shuka, who has 3.65 million subscribers. Le Chanwon and Jang Do-youn surprised viewers by revealing, "I don't even have a stock account," while doctor and writer Lee Nak-jun drew attention by revealing a contrasting investment history, saying, "I have invested since the Lehman crisis."
Le Chanwon is known for majoring in economics at university, but he surprised everyone by confessing he is a rookie investor, saying he doesn't even have a stock account. He had also been selected as an MC on the past financial program KBS 2TV "High-end Pond Skater," where he revealed his money-saving secret, saying, "I don't own a car and use car-sharing vehicles."
"246 billion won for one lunch?"…the stock investors' wannabe, "Warren Buffett"
About 40,000 people gather at Berkshire Hathaway's annual shareholders meeting held every May to hear advice from one person, the "god of investing" Warren Buffett. The winning bid for lunch with him is about 24.6 billion won. In response, Shuka revealed an anecdote about planning a past event called "Lunch with Shuka," and although an on-the-spot auction was held in the studio, it ultimately did not conclude, causing much laughter.
How could Warren Buffett, who recorded a cumulative return of 6.1 million percent over 60 years, become the world's richest person through investing alone? Unlike now, young Warren, who was shy and introverted, showed an unusual talent with numbers. He would make arithmetic from passing car license plates and had a hobby of memorizing city population figures. Le Chanwon also said, "Because of events I memorize the population figures of cities across the country," revealing an unexpected similarity with Warren Buffett and provoking laughter.
Stories from his childhood that surprised everyone were revealed, including that at age 6 he analyzed discarded bottle caps around vending machines to sell cola, that he bought his first shares at 11 and that at 14 he even bought land. In response, Lee Nak-jun noted Buffett's unusual temperament and analyzed, "Perhaps this disposition may have worked to his advantage in investing."
Even the "god of investing" had failures…people who saved Buffett
However, the "god of investing" Warren Buffett also experienced failures. He faced a crisis when he acquired a declining textile company due to a wrong judgment. Then, by investing in "this business" recommended by his close friend Charlie Munger, he entered the path to serious wealth. The broadcast reveals how the two, who had opposite personalities and investment styles, became the world's top investment duo.
In particular, the program also reveals shocking family matters hidden behind Warren Buffett's dazzling success. Buffett was a genius at making money but a "husband with zero domestic skills," unable even to dress himself properly. Eventually, after 26 years of marriage his wife announced a separation, but the MCs were shocked by her next action: she introduced a new girlfriend to her husband. When it was revealed that the woman was the wife's close friend, Le Chanwon, a fan of Love and War, reacted, "I don't understand it but it's so entertaining." In response, Kim Ji-yu, who took the friend's position, repeatedly asked, "How far is that possible?" turning the studio into a sea of laughter.
Five bottles of cola, heaps of salt on the patty! the longevity mystery of 95-year-old Warren Buffett
Warren Buffett is known to drink five bottles of cola every day and to sprinkle salt dozens of times on hamburger patties. Nevertheless, aside from having part of his colon removed at 69 and receiving 44 radiation therapies for prostate cancer at 81, he has remained active without major health problems up to 95. Lee Nak-jun emphasized that this is an "eating habit you should never copy," while adding the analysis that "a life with less stress may be the secret to longevity," making the topic more interesting.
Meanwhile, the program reveals the meaning of the "real wealth" Buffett pursued, from his strict financial discipline that even made his children write IOUs for $20 parking fees to reasons why he has donated 99% of his fortune while living in the same house for more than 70 years.
It is intriguing to see what reactions and responses Le Chanwon and Jang Do-youn, who surprisingly confessed to being rookie investors, will have after hearing the life story of the world's top stock investor Warren Buffett.
[Photo] KBS 2TV's Celeb Soldier's Secret
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