Warren Buffett
June 27th, 2007
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Warren Buffett is the most influential invesment mind of the late 20th and early 21st centuries. He is the most successful pure investor in history and, along with Microsoft’s Bill Gates, one of the two wealthiest people on the planet.
Buffett and his partner, Charlie Munger, have become legendary for their savvy stock market investing and the management of a portfolio of wholly-owned businesses under their NYSE-listed holding company called Berkshire Hathaway.
From 1965 to 2003, Buffett and Munger beat the S&P500 Index in 35 of 39 years with an annual compounding rate of return close to 22% over nearly four decades! Buffet’s overall return from 1965 to 2003 was over 250,000% compared to 4,000% for the S&P 500.
Tags: balance sheets, berkshire hathaway, bill gates, business fundamentals, centuries, charlie munger, economic growth, focus on business, Great Investors, holding company, intrinsic value, invesment, investor, microsoft, nyse, stock market investing, warren buffettPopularity: 34% [?]
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