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 ?
MD Properties Dubai founding director Fadi has been named COO of Berkshire Hathaway Home Services Gulf Properties, Warren Buffett's residential brokerage.
Warren Buffett, CEO of Berkshire Hathaway, speaks to the press as he arrives at the 2019 annual shareholders meeting in Omaha, Nebraska, May 4, 2019.
Facebook co-founder Mark Zuckerberg has overtaken Warren Buffett as the world's third-richest person, further solidifying technology as the most robust creator of wealth, Bloomberg reported.
Glide's president, Karen Hanrahan, said: "The [pounds sterling]2.5m ($3.3m) is an extraordinary gift, not just the money but the fact that Warren Buffett lends his name and reputation and shines a light on the work Glide does.
Warren Buffett and Jamie Dimon of JPMorgan Chase are the other two founding members of an independent tech-focused healthcare company for all of their US employees
The first is a New York Post article with the headline, "Warren Buffett wins $1m bet made with hedgie a decade ago".
GLIDE is pleased to announce the 18th Annual eBay for Charity Auction for Power Lunch with Warren Buffett. Offered through eBay for Charity, bidding for this years auction runs Sunday, June 4 at 7:30pm PDT to Friday, June 9 at 7:30pm PDT.
Warren Buffett doesn't have much love for tech companies --it's an investment sector his sprawling $210 billion Berkshire Hathaway empire has generally avoided.
A MEMBER of the Saudi royal family who was once called the Arabian Warren Buffett congratulated President Benigno Aquino III for his achievements during the last six years, Malacanang said on Monday.
Countless investors hang on billionaire Warren Buffett's every utterance.
The elite list includes three men - Microsoft co-founder Bill Gates, stock market sage Warren Buffett and Oracle co-founder Larry Ellison - who are wealthier than Mr Zuckerberg, according to Forbes magazine's latest rankings.
In the annual letter (this year was the 50th) sent February 28 to Berkshire Hathaway (BRK.A) shareholders, Chairman Warren Buffett relates how the company performed in the prior year, explains the company's strategies, provides some advice to investors in general (we pulled out some of those prescriptions in Warren Buffett's 8 Warnings for Investors) and this year even addresses the succession plan at Berkshire (which long-time Buffett partner and Berkshire Vice Chairman Charlie Munger explored in this article).