Investors have been trying for years to prise secrets out of the notoriously private Warren Buffett but it seems you are more likely to succeed if you are Saudi royalty.
It has been revealed Prince Alwaleed Bin Talal - the Saudi prince best known as Citigroup's largest private shareholder - has corresponded with Warren Buffett in secret for the past 11 years in search of investment advice. The Telegraph reports that in one of the letters, the Saudi prince told Buffett he would be "pleased to consider participating in any of your future investments that you may deem pertinent". The exchange, revealed in the latest edition of Bloomberg Markets magazine, began after the pair met in 1999 at the Plaza Hotel in New York, in which Alwaleed owned a 42pc stake...
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