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%.
Previously called the sector a 'death trap'
Keith Ashworth-Lord, manager of the UK Buffettology fund, talks to editor Katrina Lloyd about his Business Perspective Investing approach, the importance of managers having 'skin in the game', and why he is not concerned about the Brexit vote.
Best ideas from host countries since 1980
David Stevenson asks whether investors should be embracing more stock market risk.
Added $4.7bn to 2015 earnings
The FCA scrapping its banking culture review, the worst performance from the FTSE 100 since 2011 and a tough year for Warren Buffett were among the key stories of the past fortnight.