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 ?
He said, 'I think it was Warren Buffet who said if you didn't understand a sector it's probably not one to invest in.
Former this year, Buffet, who is the son of Warren Buffet, one of the globe's wealthiest men vowed US$500 million (about Rwf345 billion) to bolster agriculture moves in the nation.
An article in Bloomberg News, reported that Warren Buffet owes part of his fortune to selling ice cream, soft drinks and candy.
Merritt, whose prior experience was in the restaurant sector, was named CEO by Warren Buffet in June 2012.
The run of gold appears now to be over; Warren Buffet has announced that he has gotten out of gold.
IN 2011, ' the Sage of Omaha' Warren Buffet and Microsoft creator Bill Gates toured India in an attempt to convince the country's billionaires to sign up to a pledge that would see half of their wealth handed out to charity.
Warren Buffet, an American business magnate, investor and philanthropist, pledged in 2006 to steadily give away 99% of all his wealth.
A story inspired by Warren Buffet, "The Tale of Tortoise Buffett and Trader Hare" is an adaptation of the 13 Habits of billionaire Warren Buffet to teach school age children financial literacy.
Warren Buffet (the richest man in the world) has recently purchased the largest framing vendor.
Warren Buffet, the world's most famous investor and the so called "Sage of Omaha", once said gold .
Why has Warren Buffet risked his reputation for wisdom and objectivity to defend Goldman Sachs and Moody's?
I think it demonstrates what authority Warren Buffet has over the business and the significance of his view in the way that Kraft is run.