Home | Finance | Investing
When investors think of the person and success they would most like to emulate, Warren Buffet's name is top on the list. He is seen an extremely successful and moral investor that has made his money through dedication and diligence. Buffet's entire life is a testimonial to the American dream and what can be achieved through smart investing. Warren Buffett holds position two, as the second most affluent man in the United States. He is unique to that list because he has made the majority of his wealth investing in other companies. Warren Buffett presently presides as the CEO of his investment company, Berkshire Hathaway. He acquired this company in the late 1960s, nurturing and molding it into the highest priced and most fruitful listing on the New York Stock exchange. Warren offers an unusual duality for a business man. He is often described (even by himself) as an introvert with simple tastes and a disheveled appearance. Pair this shy, "grandpa-like" exterior with a commanding aptitude for power investing and judiciously seeking out corporate talent and management - the combination is unstoppable. Warren Buffett's methodology and life philosophy is diligently studied, he is worshipped, respected, and recognized as the world's most successful investor of the 20th century. Conservative in business and appearance he is a liberal at heart, which contrasts him sharply with his peers. He has set the standard for and broken the stereotype that a successful business man cannot flourish financially and maintain a solid set of ethical ideals. Warren Buffett is a "reluctant" philanthropist. Giving away money is just like loosing money, and Buffett does not like either. It was, his wife and later his traveling companion, Susan, that inspired, and encouraged Warren to give money to number of local charities. These nonprofit organization were located in regions suffering from poverty, that she found herself dedicated too. Even though he believed that these organizations would misuse the funds and his money would be wasted, he donated freely. He supported his wife's ideals and became an active participant in her causes which centered around abortion, birth control, and homeless youths. Together, the pair created a foundation called Glide. This organization was a joint venture used to direct monetary contributions to those particular causes. In 2000 it was rumored that Buffett, upon his passing, intended to make the Buffett Foundation his sole beneficiary. Warren Buffet love baseball and can often be overheard and quoted using baseball metaphors in his lectures, books, and interviews. This love of baseball prompted his over 1 million dollar contribution to Omaha's Minor League Baseball Commission to ensure baseball stays in Nebraska. Warren also aided Grinnell College in acquiring a radio station that was public, for 13 million dollars. Grinnell, two years later, sold the station for 35 million dollar profit. Buffet was temporarily apprehensive over the sale, but the returned revenue spoke for itself. He has also indulged his liberal side by investing in a libertarian magazine start-up in Washington DC, which eventually failed.
Information and Articles: http://www.mastersmba.com
Providing Information on various topics, please browse our other Articles for more informative resources, we house information on every topic imaginable so regardless of your needs you can be assured to find the answer here. If you wish to reprint this on your own website, simply click the "Web Version" in the right menu, and you are presented with a pre-formatted document to use.
A lot of the information is written by the Master Article team, and published exclusively on the MastersMBA.com website, and we do our best to research all information to ensure it's as accurate as possible. However at times we also publish documents given to us by other sources, we do examine these documents to ensure they are as accurate and correct as possible however at times they discuss highly specialized fields making it hard to authenticate the validity of every fact in the document. These are written by specialists in their respective fields, and we do trust their integrity and judgment however it's always a good idea when doing any research to consult a number of sources and form your own conclusion based on a number of view points. Also if you are looking for Google Chrome Extensions you can check out that link.
