Probably just afraid how investors in his fund would perceive his ability of managing their money after watching the video. If I viewed this video in the late 80s, I would doubt his abilities as he comes off as really reckless. Negative publicity is far worse than a losing year. In this game, reputation defines you.
What did Buffett say?... 5min to ruin a 20yr old reputation.
All in all, I find him to be a pretty decent guy and don't think there are any 'secrets' revealed in the video. If anything, it should serve as an inspiration looking as how he managed to turn a ~100mil fund into tens of billions as of present.
P.S. Perhaps he wanted to stop distribution because of the swimsuit model's picture hanging in his office.
What did Buffett say?... 5min to ruin a 20yr old reputation.
All in all, I find him to be a pretty decent guy and don't think there are any 'secrets' revealed in the video. If anything, it should serve as an inspiration looking as how he managed to turn a ~100mil fund into tens of billions as of present.
P.S. Perhaps he wanted to stop distribution because of the swimsuit model's picture hanging in his office.
