What is Warren Buffett like? Warren Buffett reviews and website information

Warren Buffett is the world's most famous investor, known as the "God of Stocks". He was born on August 30, 1930 in Omaha, Nebraska, USA. Buffett's investment wisdom and success have made him one of the most respected and admired business leaders in the world. His investment strategy, philanthropy and personal life have attracted countless people's attention. This article will explore Buffett's life, investment philosophy, business achievements, philanthropy and how he became one of the richest investors in the world.

Buffett's Early Life

Warren Buffett was born into a middle-class family. His father, Howard Buffett, was a stockbroker and congressman. Buffett showed great interest in numbers and money from an early age. He bought his first stock at the age of 11, and earned a lot of pocket money by delivering newspapers, selling stamps and second-hand golf balls in high school.

After two years at the Wharton School of the University of Pennsylvania, Buffett transferred to the University of Nebraska-Lincoln and received a bachelor's degree in economics in 1950. He then entered Columbia University Business School and studied under the famous investment expert Benjamin Graham. Graham's value investment philosophy had a profound impact on Buffett and became the cornerstone of his future investment strategy.

Buffett's investment career

Buffett's investment career began in 1956 when he founded Buffett Partnership Ltd. Through this company, Buffett began to apply Graham's value investment philosophy to buy stocks that were undervalued by the market. His investment strategy was a huge success, and the partnership's annual compound return was as high as 29.5%.

In 1965, Buffett acquired Berkshire Hathaway, then a textile company on the verge of bankruptcy. Buffett gradually transformed Berkshire Hathaway into a diversified investment holding company, making it one of the most valuable companies in the world by acquiring and investing in high-quality businesses.

Berkshire Hathaway's investment portfolio includes many well-known companies, such as Coca-Cola, American Express, Apple, Bank of America, etc. Buffett has gained rich returns by holding the stocks of these high-quality companies for a long time. His investment philosophy emphasizes long-term investment, value investment and rational decision-making, and these principles have made him one of the most successful investors in the world.

Buffett's investment philosophy

Buffett's investment philosophy can be summarized as follows:

1. Value investing : Buffett believes that investors should focus on the intrinsic value of a company rather than short-term market fluctuations. He advocates buying high-quality companies that are undervalued by the market and holding these stocks for a long time, waiting for their value to return.
2. Long-term investment : Buffett stressed that investment is a long-term business and investors should avoid frequent buying and selling of stocks. He believes that only by holding stocks of high-quality companies for a long time can you get rich returns.
3. Rational decision making : Buffett believes that investors should remain rational and avoid being swayed by market sentiment. He advocates using logic and analysis in investment decisions rather than blindly following the crowd.
4. Margin of safety : Buffett emphasizes that investors should leave enough margin of safety when buying stocks to reduce investment risks. He believes that only by buying stocks when the price is lower than the value can the success of the investment be ensured.

Buffett's business achievements

Buffett's business achievements are mainly reflected in the success of Berkshire Hathaway. Under his leadership, Berkshire Hathaway has grown from a textile company on the verge of bankruptcy to one of the most valuable companies in the world. As of 2021, Berkshire Hathaway's market value has exceeded $600 billion.

Berkshire Hathaway's investment portfolio includes many well-known companies, such as Coca-Cola, American Express, Apple, Bank of America, etc. Buffett has gained rich returns by holding the stocks of these high-quality companies for a long time. His investment philosophy emphasizes long-term investment, value investment and rational decision-making, and these principles have made him one of the most successful investors in the world.

In addition, Buffett has continuously expanded the business scope of Berkshire Hathaway by acquiring and investing in high-quality companies. Berkshire Hathaway has many subsidiaries covering insurance, railways, energy, manufacturing, retail and other industries. Buffett's business wisdom and strategic vision have made Berkshire Hathaway one of the most competitive companies in the world.

Buffett's philanthropy

Buffett is not only a successful investor and business leader, but also a well-known philanthropist. He has pledged to donate 99% of his wealth to charity and actively participates in various charitable activities.

In 2006, Buffett announced that he would donate most of his wealth to the Bill & Melinda Gates Foundation to support global health and education. In addition, he also established the Buffett Foundation, which is dedicated to improving education, health and social equity.

Buffett's philanthropy has been widely praised around the world. Through his actions, he has set an example for philanthropy and inspired countless people to devote themselves to public welfare.

Buffett's Personal Life

Although Buffett is one of the richest investors in the world, his personal life is very simple. He still lives in the house in Omaha that he bought in 1958, drives an ordinary car and lives a low-key life. Buffett believes that money is not everything in life, and he just regards investment as a hobby and career.

Buffett is a person who loves reading and learning. He spends a lot of time every day reading various books and newspapers to maintain a keen insight into the market. He also likes to play bridge, believing that this game can exercise thinking and decision-making ability.

Buffett also has a happy family life. He and his first wife, Susan Buffett, have three children, Howard, Peter and Susie. Although Susan died in 2004, Buffett remains very close to his children. He married his current wife, Astrid Menks, a former waitress, in 2006.

Buffett's Future Outlook

Although Buffett is over 90 years old, he is still active in the investment and business fields. He continues to serve as chairman and CEO of Berkshire Hathaway and shares his investment insights and life wisdom at the annual shareholders' meeting.

Buffett has made it clear that he will continue to be committed to philanthropy and use most of his wealth to improve global health and education. He also plans to pass on his investment philosophy and experience to the next generation and cultivate more investment talents.

In general, Warren Buffett is not only a great investor and business leader, but also an outstanding philanthropist and life mentor. His success story and life philosophy will continue to inspire and influence countless people and become a legend in global investment.

Warren Buffett's official website is www.warrenbuffett.com , through which people can learn more about Buffett's investment philosophy, business achievements and philanthropy.