british petroleum
Warren Buffett Professional Career:
Warren Edward Buffett is an American Investor, Business Magnate and Philanthropist. He is widely considered as the most successful Investor of the 20th century. Buffett is the primary Shareholder, Chairman and CEO of BERKSHIRE HATHAWAY and consistently ranked among the world?s wealthiest people. He was ranked as the World?s Wealthiest Person in 2008 and as the 3rd Wealthiest Person in 2011.In 2012, American magazine TIME named Buffett as one of the most influential people in the world.
Solely due to his Stock picking abilities, Buffett is consistently one of the 5 richest men in America from 1957 to the present. His investments have appreciated at an average annual rate of more than 25% per year. To put this in perspective, Donald and Mildred Othmer, Family friends of Warren Buffett, invested 50,000 $ in Berkshire Hathaway in 1970. When Mildred died in 1998, their 50,000 $ Berkshire Hathaway investment was worth 750 million $.
Mr. Buffett did not achieve these amazing returns for his Shareholders by using complicated investments strategies or by borrowing money to magnify investment returns. Instead, when you study his investments philosophies, some simple things began to emerge.
1. He buys companies with the intent of never selling them.
2. He only buys the stock of companies in sound financial condition that can be purchased well below his assessment of their value.
3. He only buys stock in companies he understands.
Warren Buffett was born on August 30,1930 in Omaha, Nebraska the 2nd of three children and only Son of U.S representative Howard Horman Buffett. Even as a child, Buffett displayed an interest in making and saving money. In his high school days, he went door-to-door selling chewing gum, Coca-Cola, or weekly magazines. For a while, he worked in his grandfather grocery store. Buffett's interest in the stock market and investing was also dated from his childhood only. He
Warren Edward Buffett is an American Investor, Business Magnate and Philanthropist. He is widely considered as the most successful Investor of the 20th century. Buffett is the primary Shareholder, Chairman and CEO of BERKSHIRE HATHAWAY and consistently ranked among the world?s wealthiest people. He was ranked as the World?s Wealthiest Person in 2008 and as the 3rd Wealthiest Person in 2011.In 2012, American magazine TIME named Buffett as one of the most influential people in the world.
Solely due to his Stock picking abilities, Buffett is consistently one of the 5 richest men in America from 1957 to the present. His investments have appreciated at an average annual rate of more than 25% per year. To put this in perspective, Donald and Mildred Othmer, Family friends of Warren Buffett, invested 50,000 $ in Berkshire Hathaway in 1970. When Mildred died in 1998, their 50,000 $ Berkshire Hathaway investment was worth 750 million $.
Mr. Buffett did not achieve these amazing returns for his Shareholders by using complicated investments strategies or by borrowing money to magnify investment returns. Instead, when you study his investments philosophies, some simple things began to emerge.
1. He buys companies with the intent of never selling them.
2. He only buys the stock of companies in sound financial condition that can be purchased well below his assessment of their value.
3. He only buys stock in companies he understands.
Warren Buffett was born on August 30,1930 in Omaha, Nebraska the 2nd of three children and only Son of U.S representative Howard Horman Buffett. Even as a child, Buffett displayed an interest in making and saving money. In his high school days, he went door-to-door selling chewing gum, Coca-Cola, or weekly magazines. For a while, he worked in his grandfather grocery store. Buffett's interest in the stock market and investing was also dated from his childhood only. He