The Greatest Investor

buffett

Warren Buffett

Born:

Omaha, Nebraska in 1930

Employer:

Berkshire Hathaway Chairman

Most Famous For:

A $10,000 investment into Berkshire Hathaway when Buffett took control in 1965 would be worth over $50 million today. By comparison, $10,000 in the S&P 500 would have grown to only $500,000.

Less Celebrated For:

Buffett is considered by many to be a real Scrooge (in fact his personalized license plate reads, "Thrifty"). Reportedly he is only going to bequeath around $3 to $4 million to each of his children, despite his $40+ billion net worth. However, he does so with good intentions and plans on leaving the vast majority of his fortune to charitable causes.

Quote:

"If past history was all there was to the game, the richest people would be librarians."

Of Interest:

Ever wondered exactly where Mr Buffett is Investing? Click Here to learn more


Background:
Also known as "The Oracle of Omaha," many people consider Buffett the greatest investor ever. Even with all the success and accolades, he still lives in the house he bought for $31,500 over 40 years ago.
What's most intriguing about Buffett is that he is one of the few extremely rich people who has amassed wealth solely through investing in stocks. His investment strategy of discipline, patience and value consistently outperforms the market and his moves are followed by thousands of investors worldwide.

He is also famous for not joining the infamous tech/Internet stock rally in the late 1990s, stating that he refuses to invest in companies that he can't visualize 10 years down the road.

Great Buffet Quotes
"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1."

"Someone's sitting in the shade today because someone planted a tree a long time ago."

"Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway."

"Risk comes from not knowing what you're doing."

Kosal

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