First of all, Warren’s last name is pronounced as ‘Buh-phet’. As in Bah-fet. Not “Booh-fay”. Got it?
Now, who is Warren Buffet?
Warren is an American business mogul, investor and philanthropist. He is considered as the most successful investor of the 20th century. He is also the chairman, CEO and largest shareholder of Berkshire Hathaway (a holding company that owns Dairy Queen, Fruit of the Loom, etc. and partially Coca-Cola, American Express, and IBM).
Recently, he bought battery legend Duracell in exchange of about $4billion worth ff Procter and Gamble shares that he held for quite sometime. He is consistently ranked among the world’s wealthiest people and was even named in 2012 by Time magazine as one of the world’s most influential people. Continue reading What is Warren Buffet’s Golden Rule in Investing?