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 ?
29, 2015 /PRNewswire/ -- Warren Buffett, chairman and CEO of Berkshire Hathaway, is widely considered the most successful investor of the twentieth century.
Burger King's inversion transaction is being funded by none other than billionaire globalist Warren Buffett.
It was originally published as part of the Cardozo Law Review's special issue on The Essays of Warren Buffett Symposium.
Billionaire investor, Warren Buffett, has stated that banks have built up enough capital to no longer pose any risk to the financial system.
London, Dec 29 ( ANI ): As fears grow that the United States is preparing to plunge over the 'fiscal cliff', billionaire investor Warren Buffett has predicted that women will save the American economy, billionaire investor Warren Buffett has predicted.
To do that, the president needs to recognise just how badly he wasted Warren Buffett - using him for a two-week, wedge-issue sugar high.
The Warren Buffett Stock Portfolio By Mary Buffett and David Clark Simon and Schuster, [pounds sterling]14.
Summary: WASHINGTON - Warren Buffett has called himself mega-rich, but now he's revealing how much money he made last year: $62,855,038.
I suggested last month that Warren Buffett is past his prime, and we should make him a godlike financial spokesperson on everything he says, down to swaying portfolios, if not markets, in response to his words.
Showcasing the likeable and successful Warren Buffett, this informative documentary reveals how he made his billions and the details of his unglamorous lifestyle.
Warren Buffett was one of three children born to Howard and Leila Buffett in the heart of the Midwest in Omaha, Nebraska in 1930.
Summary: OMAHA, June 12, 2010, SPA -- The price of lunch with billionaire investor Warren Buffett has topped $2 million again, breaking a previous record for the most expensive charity item ever sold on eBay, AP reported.