Warren Buffett
Chairman & CEO, Berkshire Hathaway
Overview
Warren Buffett is Chairman and CEO of Berkshire Hathaway, widely regarded as the greatest investor of all time. Since taking control of Berkshire in 1965, he has transformed it from a struggling textile company into one of the world's most valuable conglomerates, with a market capitalization exceeding $800 billion.
Investment Philosophy
Buffett's investment approach is deeply rooted in the principles taught by Benjamin Graham, with several enduring core tenets:
- Intrinsic Value: The true worth of a business is determined by its intrinsic value, independent of stock price
- Margin of Safety: Only purchase when price is significantly below intrinsic value
- Long-Term Holding: Treat stock ownership as owning a business, not trading paper
- Circle of Competence: Invest only within your circle of competence
Legacy at Berkshire
As the soul of Berkshire Hathaway, Buffett is as much an entrepreneur and philanthropist as he is an investor. He has committed to donate the vast majority of his wealth to charitable causes, having gifted over $37 billion to date.
Notable Quotes
"Be fearful when others are greedy, and greedy when others are fearful."
Mentions in Letters
“Our performance has been satisfactory though not outstanding.”
“Intrinsic value is the only logical subject for valuation.”
“Never bet against America. The future is still bright.”
Explore the Value Investing Framework
Discover the core principles and concepts that shaped Warren Buffett's investment philosophy.