Warren Buffett, known as the 'Sage of Omaha', is a US investment guru and philanthropist who serves as the chairman and CEO of Berkshire Hathaway, an Omaha, Nebraska-based investment company. He is considered one of the most successful investors in the world and has a net worth of $82.2bn (as of 2 August 2018).
Born in Nebraska in 1930, he formed Buffett Partnership Ltd in 1956 and, by 1965, he had assumed control of Berkshire Hathaway, and now helms a conglomerate with holdings in the media, insurance, energy and food and beverage sectors. The publicly traded business has stakes in Coca-Cola and American Express. Berkshire Hathaway's 52-year average annual return is 20.8%.
It is often said the problem with regulators is they spend so much time looking at past problems they miss the ones coming up.
Lawrence Gosling reviews his favourite investment titles for those with a little time to spare over the festive period.
Waiting for opportunities
Three new factors to consider
Ready to launch a rival bid
13% rise in the number of billionaires
Called Vanguard's Jack Bogle a 'hero'