An MBA in a Book by Xander Cansell
Author:Xander Cansell [Cansell, Xander]
Language: eng
Format: epub
Tags: Business
Publisher: Arcturus Digital Limited
It was struggling at the time, but Buffett turned it into a highly successful conglomerate.
Buffett is sometimes known as the âOracle of Omahaâ for his uncanny ability to pick stocks that outperform the market. He follows a value investing strategy, which involves buying stocks that are undervalued by the market and holding them for the long term. This has proven to be a very successful strategy, as Berkshire Hathawayâs stock portfolio has outperformed the S&P 500 index by a wide margin over the past several decades.
Today, Berkshire Hathaway is a holding company that owns a number of businesses, including GEICO, BNSF Railway, and Duracell. The company has a market value of over $500 billion, and Buffett is worth an estimated $84 billion.
A philanthropist all his life, he has pledged to give away 99% of his fortune to charitable causes.
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