There are a lot of fascinating people out there, but Warren Buffett is perhaps one of the most interesting. The world’s second richest man, according to Forbes, has been making money with his company Berkshire Hathaway for decades. In fact, the “per-share book value of Berkshire has gained 286,865% since 1965, while the S&P 500, with dividends included, has risen by 5,318%.” Talk about making some dough.
“I’M WARREN. He’s Charlie. We work together. We really don’t have any choice, because he can hear and I can see.” Thus Warren Buffett and his vice-chairman, Charles Munger, to some 19,000 shareholders assembled in Omaha, Nebraska, for the annual general meeting of Berkshire Hathaway, a publicly-quoted investment holding company that has wiped the floor with the S&P 500 in all but six of the past 40 years.
Buffett is also good friends with the world’s richest man, Bill Gates, who recently joined the board of directors for Berkshire Hathaway. While I am sure he has faced his share of problems over the years, Mr. Buffett will soon have to face the toughest problem of all – replacing himself. I consider myself extremely lucky to be young enough that I’ll see the transition from Warren Buffett to someone given the impossible task of filling his giant shoes.
If you’re interested in reading more about Warren Buffett, check out his entry at Wikipedia.
Read: Economist.com
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