My New Idol~Warren Edward Buffett

28 10 2008

Warren Edward Buffett

Warren Edward Buffett (born August 30, 1930) is an American investor, businessman, and philanthropist. He is one of the world’s most successful investors and the largest shareholder and CEO of Berkshire Hathaway. He was ranked by Forbes as the richest man in the world during the first half of 2008, with an estimated net worth of $62.3 billion.

Often called the “Oracle of Omaha“,Buffett is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth.[5] His 2006 annual salary was about $100,000, which is small compared to senior executive remuneration in comparable companies. When Buffett spent $16.7 million of Berkshire’s funds on a business jet in 1989, he jokingly named it “The Indefensible” because of his past criticisms of such purchases by other CEOs. He lives in the same house in the central DundeeIn 2007, he was listed among Time‘s 100 Most Influential People in The World. He also serves as a member of the board of trustees at Grinnell College. neighborhood of Omaha that he bought in 1958 for $31,500 and today, it is valued at around $700,000.

To know more about him, do check out the following~

References

  • “Warren Buffett and the Interpretation of Financial Statements” by Mary Buffett and David Clark
  • “The Tao of Warren Buffett” by Mary Buffett and David Clark
  • “The New Buffettology” by Mary Buffett and David Clark (ISBN 0-684-87174-2).
  • “The Buffettology Work Book” by Mary Buffett and David Clark
  • “Buffettology” by Mary Buffett and David Clark
  • Hagstrom, Robert G. (2005), The Warren Buffett Way, John Wiley & Sons

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