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Warren Buffett
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Warren Buffett is an American investor, business tycoon, and philanthropist. He's the chairman and CEO of Berkshire Hathaway and is considered one of the most successful investors in the world. Buffett is also known for his commitment to philanthropy, pledging to give away the bulk of his wealth.
Finally, I will add two short sentences by Charlie that have been his decision-clinchers for decades: “Warren, think more about it. You’re smart and I’m right.”
And so it goes. I never have a phone call with Charlie without learning something. And, while he makes me think, he also makes me laugh.
From Cheetos to Billions: The Surprising Life of Warren Buffett
Warren Buffett, the Oracle of Omaha, is one of the world’s most successful investors and philanthropists. He is known for his wit, humble demeanor, and frugal lifestyle, despite his immense wealth. Buffet has a passion for investing and is known for his patient, long-term approach to stock picking. In his free time, he enjoys playing bridge, reading biographies, and indulging in his favorite fast food, a McDonald’s hamburger and Cherry Coke. He is motivated by his desire to give back to society and has pledged to give away the majority of his wealth to charity.
10 facts about The Oracle of Omaha:
- Warren Buffett’s favorite snack food is a simple one — Cheetos! He once said that he can eat as much as he wants of them, and no matter how much he eats, his fingers never turn orange. He’s also a fan of Cherry Coke, Snickers bars, and Dairy Queen Blizzards.
- Buffett’s famous catchphrase «Be fearful when others are greedy and greedy when others are fearful» has become a mantra for investors worldwide. It reflects his contrarian approach to investing, in which he looks for value in companies that others are overlooking.
- Buffet is a big fan of Apple products and has praised the company’s innovation and design. He once joked that he should have bought Apple stock earlier, but he was too busy using his iPhone.
- Despite his reputation as one of the greatest investors of all time, Buffett is not immune to making mistakes. In fact, he once famously called his investment in Berkshire Hathaway’s textile business a «monumental mistake».
- Buffett’s love for reading is well-known, and he’s said to spend up to 80% of his day reading. He’s known to devour newspapers, financial reports, and biographies of successful people.
- Despite his enormous wealth, Buffett has always remained humble and down-to-earth. He’s often seen driving his own car, a Cadillac XTS, and he once said that his life is «better when it’s simple».
- Buffett is known for his long-term approach to investing and his belief in the power of compound interest. He’s said that his favorite holding period is «forever» and that he only invests in companies that he’s willing to hold onto for at least 10 years.
- Despite being a billionaire, Buffett is not one to spend frivolously on clothes or accessories. He’s often seen wearing a simple suit and tie, and his favorite brand of suits is reportedly Brooks Brothers.
- One of Buffett’s favorite books is «Business Adventures» by John Brooks, which he once recommended to Bill Gates. Gates loved the book so much that he went on to recommend it to all of his own followers.
- Finally, despite his immense wealth, Buffett is a firm believer in giving back to society. He’s pledged to give away 99% of his wealth to philanthropic causes, and he’s already donated billions to organizations such as the Bill and Melinda Gates Foundation and the Susan Thompson Buffett Foundation.
Spread the gospel of the Oracle of Omaha far and wide! Share these fascinating tidbits about Warren Buffett with your tribe, and let’s see if we can make the world a little wiser, one investor at a time.
