Warren Buffett

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Warren Buffett

An American investor and businessman. In 1962, Buffett began buying shares in Berkshire Hathaway, eventually taking a controlling stake in the company. He expanded Berkshire Hathaway's business into insurance and used the proceeds to finance other investments. These investments turned Buffett into a billionaire in 1990. In 2008, he was the richest man in the world, but dropped to second place in 2009.

Nicknamed the "Oracle of Omaha," Buffett is a major proponent of value investing, which holds that it is better to invest in companies based on their intrinsic values rather than their technical information. This philosophy generally has been highly profitable for Buffett. Between 2000 and 2010, under Buffett's guidance, Berkshire Hathaway returned 76% to shareholders.
References in periodicals archive ?
Borrowing again from the Oracle of Omaha, "we can afford to lose money - even a lot of money.
Warren Buffett, the legendary Oracle of Omaha, is forthright too.
The Oracle of Omaha had praised Hussman's business acumen in refusing to give away his newspaper content free on the internet, and Hussman attended Berkshire-Hathaway's annual meeting after lunching with Buffett at the billionaire's request.
So the Oracle of Omaha frequently advises investors to consider Vanguard's "ultra-low-cost index funds," as he described them in his latest letter to shareholders.
The Oracle of Omaha, as he's known for the way his every investment decision is followed by thousands.
But the Oracle of Omaha could play a role in the future of Yahoo, which is scoping out potential buyers: Buffett last week confirmed he would provide financing for a bid by Dan Gilbert for the faltering internet company.
The Oracle of Omaha once said, "Diversification is protection against ignorance; it makes little sense for those who know what they're doing.
The Oracle of Omaha received $464,011 in total compensation in 2014.
The Oracle of Omaha may be one of the best-known billionaires, but every billionaire I've met seems to have the same uncanny aptitude for being patient and staying the course.
Spearheaded by the $72 billion Oracle of Omaha, Warren Buffett, chairman and CEO of Berkshire Hathaway, the resulting Kraft Heinz Co.
The so-called Oracle of Omaha was the biggest gainer of the Forbes list this year, up $14.
4); not even the largest IPO in history was enough to beat the Oracle of Omaha this year.

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