Warren Buffett Detail

About Warren Buffett Detail

Warren Buffett took control of Berkshire Hathaway in 1965 and transformed it into the greatest investment vehicle in history. From 1965 to 2024, Berkshire stock returned over 5,000,000 percent versus about 30,000 percent for the S&P 500. Buffett adapted Benjamin Grahams value investing to focus on quality businesses with durable competitive advantages. His investments in Coca-Cola, American Express, Geico, and Apple became legendary. Buffett, despite being one of the richest people ever, lives in the same Omaha house he bought in 1958 for 31,500. He has pledged 99 percent of his wealth to charity, mostly to the Gates Foundation. His annual shareholder letters are the most read documents in finance.