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 ?
Residential real estate firm Berkshire Hathaway, a Warren Buffet company, is relocating its local office into a 948 s/f space before the end of the year.
We heartily applaud this major boost that Warren Buffet and MidAmerican are giving to Americas booming clean energy economy.
Tinalo ko pa si Bill Gates at Warren Buffet at hindi ko alam na may ganitong karaming bangko sa Pilipinas, he said.
Merritt, whose prior experience was in the restaurant sector, was named CEO by Warren Buffet in June 2012.
New York, June 4 ( ANI ): EBay's auction for lunch with billionaire Warren Buffet has reached upto 160,000 dollars and counting.
Billionaire Warren Buffet stepped in to take the risk.
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.
Warren Buffet does not socialize with the high society crowd.
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 speaks truth to political power from a position of economic power.
Bill Gates and Warren Buffet are on a visit to India on a philanthropic mission.