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Warren Buffett Stocks Ranked: The Berkshire Hathaway Portfolio

Warren Buffett
Warren Buffett with Fisher College of Business Student - 4395161160 (cropped).jpg
Buffett in 2010
Warren Edward Buffett

(1930-08-30) August 30, 1930 (age 90)
EducationUniversity of Pennsylvania
University of Nebraska–Lincoln (BS)
Columbia University (MS)
OccupationBusinessman, investor, philanthropist
Years active1951–present
Known forLeadership of Berkshire Hathaway with Charlie Munger
Net worthUS$ 96.5 billion (As of March 2021)[1]
(m. 1952; died 2004)

Astrid Menks
(m. 2006)
ChildrenSusan Alice Buffett
Howard Graham Buffett
Peter Buffett
Parent(s)Howard Buffett
Leila Stahl Buffett
RelativesHoward Warren Buffett (grandson)
Roberta Buffett (sister)
Doris Buffett (sister)
Warren Buffett Signature.svg

Warren Edward Buffett (/ˈbʌfɪt/;BUFF-itt born August 30, 1930)[2] is an American investor, business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway. He is considered one of the most successful investors in the world[3][4] and has a net worth of over US$85.6 billion as of December 2020,[5] making him the world's fourth-wealthiest person.[6]

Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring to and graduating from the University of Nebraska at 19. He went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of value investing pioneered by Benjamin Graham. He attended New York Institute of Finance to focus his economics background and soon after began various business partnerships, including one with Graham. He created Buffett Partnership, Ltd in 1956 and his firm eventually acquired a textile manufacturing firm called Berkshire Hathaway, assuming its name to create a diversified holding company. In 1978, Charlie Munger joined Buffett as vice-chairman.[7][8]

Buffett has been the chairman and largest shareholder of Berkshire Hathaway since 1970.[9] He has been referred to as the "Oracle" or "Sage" of Omaha by global media.[10][11] He is noted for his adherence to value investing, and his personal frugality despite his immense wealth.[12] Research published at the University of Oxford characterizes Buffett's investment methodology as falling within "founder centrism", defined by a deference to managers with a founder's mindset, an ethical disposition towards the shareholder collective, and an intense focus on exponential value creation. Essentially, Buffett's concentrated investments shelter managers from the short-term pressures of the market.[13]

Buffett is a notable philanthropist, having pledged to give away 99 percent[14] of his fortune to philanthropic causes, primarily via the Bill & Melinda Gates Foundation. He founded The Giving Pledge in 2009 with Bill Gates, whereby billionaires pledge to give away at least half of their fortunes.[15]

  1. ^ "Bloomberg Billionaire Index: Warren Buffett". Bloomberg. Retrieved March 6, 2021.
  2. ^ "Warren Buffett Biography". Biography.com (FYI/A&E Networks). Archived from the original on January 28, 2016. Retrieved January 28, 2016.
  3. ^ "Ten great investors". Incademy Investor Education. Harriman House Ltd. Archived from the original on November 20, 2015. Retrieved November 20, 2015.
  4. ^ Farrington, Robert (April 22, 2011). "The top 10 investors of all time". The College Investor. The College Investor, LLC. Archived from the original on November 20, 2015. Retrieved November 20, 2015.
  5. ^ "Warren Buffet". Forbes.
  6. ^ "Warren Buffet" Archived August 15, 2020, at the Wayback Machine (Profile). Forbes. Retrieved September 13, 2020.
  7. ^ "Charlie Munger". Cnn.com. Archived from the original on February 2, 2019. Retrieved March 11, 2019.
  8. ^ Clifford, Catherine (February 26, 2018). "Berkshire Hathaway's Warren Buffett remembers meeting Charlie Munger". Cnbc.com. Archived from the original on June 26, 2019. Retrieved March 11, 2019.
  9. ^ "The Greatest Investors: Warren Buffett". Investopedia.com. Archived from the original on December 26, 2018. Retrieved March 6, 2009.
  10. ^ Markels, Alex (July 29, 2007). "How to Make Money the Buffett Way". U.S. News & World Report. Archived from the original on October 22, 2013.
  11. ^ Sullivan, Aline (December 20, 1997). "Buffett, the Sage of Omaha, Makes Value Strategy Seem Simple: Secrets of a High Plains Investor". International Herald Tribune. Archived from the original on March 7, 2016. Retrieved February 20, 2017.
  12. ^ Gogoi, Pallavi (May 8, 2007). "What Warren Buffett might buy". NBC News. Archived from the original on March 20, 2013. Retrieved May 9, 2007.
  13. ^ Rojas, Claudio. "Eclipse of the Public Corporation Revisited: Concentrated Equity Ownership Theory". The University of Oxford. Archived from the original on August 5, 2019. Retrieved June 27, 2017. ("From the perspective of founder centrism, 3G Capital's private equity control position in publicly traded companies is conceptually akin to Berkshire Hathaway's management-friendly disposition. Both acquire concentrated positions with a focus on long-term business fundamentals, a disinclination towards discriminatory costs, and an ethical disposition towards fellow shareholders".)
  14. ^ Buffett, Warren (June 16, 2010). "My philanthropic pledge". CNN. Archived from the original on September 20, 2020. Retrieved August 3, 2020.
  15. ^ Cite error: The named reference bbc was invoked but never defined (see the help page).
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