12:03—12:52· 49s
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David“So he's introduced to Warren And Warren immediately asks Bill what Bill thinks of IBM and whether they're going to do well in the future. I cannot believe we're going to get to this much later in the episode, but Warren is already obsessed with IBM. Like, my God, Warren, don't buy IBM. Previewing that, like, don't do it. Don't do it. Gates, of course, agrees with me here and is like, no, you should absolutely not buy IBM. You should buy two stocks and two stocks only, Microsoft and Intel, and you should buy nothing else and you should just hold them. This is 1991, so Microsoft at this point has about a $10 billion market cap and Intel has a $3 billion market cap. BenOh my God, Gates is so deep in it, so obviously he's right here. But it is incredible that”