Warren Buffett

The Essays of Warren Buffett--Click To Buy

Warren Buffett.

Born: Omaha, Nebraska on August 30, 1930

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.

Quote:"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1."

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.

Buffett customarily focuses his investments in companies with good long-term growth potential. Identifying such companies is the difficult part. More value is generated by the companies he owns than his stock market investments, such as Coca-Cola, that attract more attention.

Buffett famously avoids high tech companies, not because they are inherently less desirable, but because he prefers businesses he understands.

Book: The Essays of Warren Buffett : Lessons for Corporate America.Click Below to Buy.

The Essays of Warren Buffett--Click To Buy