A Tribute to Warren Buffet

Hall of Financial Giants

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Warren Buffet "All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies." -- Warren Buffet

 

Born: 1930
Died: -
Industry: Investor

Estimated wealth: $34.2 billion

Brief Biography:

After learning at the knee of the Columbia Graduate School of Business professor Benjamin Graham, the “oracle of Omaha” scraped together a hundred thousand dollars to start an investment partnership when he was twenty-five; it had increased its clients’ money an average of 30 percent a year when it was dissolved in 1969. By then Buffett had bought the small, worn-down textile firm Berkshire Hathaway; as a holding company it acquired undervalued companies whose stock values grew, and it is today a multibillion-dollar powerhouse that owns stock in the Washington Post, Coca-Cola, American Express, and Capital Cities/ABC. Buffett retains a self-deprecating sense of humor and modesty: He does his own taxes, drives his own car, and says that Berkshire’s stock is overvalued. Biography from Forbes American Heritage Top 40.

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