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 ?
But investors should keep in mind that the new shares weren't likely the Oracle of Omaha's doing.
Warren Buffett, the Oracle of Omaha and Masa Son, the goofy venture capitalist heading SoftBank, may appear to be polar opposites, but under the surface, they have much in common.
Warren Buffett, the Oracle of Omaha, once famously remarked: "Be fearful when others are greedy and greedy when others are fearful." The CEO of Berkshire Hathaway has made his fortune through contrarian investment tactics - by moving against the market trends.
who's known as the Oracle of Omaha, slammed independent directors for being too focused on their paychecks, and not on keeping the CEO in check.
Warren Buffett, the Oracle of Omaha, recently commented that no economics or business textbook ever forecast an economy like this.
It's just fantastic what they've accomplished," said Buffett, who is known as the "Oracle of Omaha."
As Warren Buffett, the Oracle of Omaha, has said, it is simple but it is not easy.
The Oracle of Omaha is adding to his already large stake in Apple Inc.
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.
Beatrice, NE, May 12, 2017 --(PR.com)-- Ryan Mitchell, president of Dempsters LLC was on hand at the recent Berkshire Hathaway Annual Meeting to hear the "Oracle of Omaha" speak about the need for productive change.

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