His name is Warren Buffett.
Jeff Bezos, Elon Musk, MacKenzie Bezos, or Mark Zuckerberg or Melinda Gates are all in the billionaire club. But when it comes favorite billionaires, I have one and it’s Warren Buffett. He is the best investor of all time. He is the goat. Greatest of All Time.
“Oracle of Omaha” is what they called him.
By the age of 16 he had made $53,000. Selling sticks of gum in packs of five for a nickel. His father became congressman, his family moved from Omaha, Nebraska to Washington DC. Buffett delivered the Washington Post every morning and brought in about $135 a month. That’s more than what teacher salaries were at that time. He pursued side gigs selling used golf balls and collector stamps and buffing cars. By the time he was 16, he earned $53,000 in earnings. Bought his first stock when he’s at 11 years old.
Every three months we learn more about what he’s doing and what he’s thinking. His track record is was is amazing. And there’s no doubt that he’s kind of coming away a little bearish these days.
Every three months we learn more about what he’s doing and what he’s thinking. His track record is was is amazing. And there’s no doubt that he’s kind of coming away a little bearish these days.
Berkshire Hathaway
He was a net seller of equities, also known as stocks in the third quarter. He owns a big company called Berkshire Hathaway and he’s reducing its exposure to the stock market amid a series of then-record highs and increasingly stretched valuations.
3rd Quarter 2021
He’s continuing to play defensive right now. He saw a total of about $1.9 billion in net sales. That was up from selling $1.1 billion in the second quarter. So he’s continuing to trim…
- Reduced stake in
- US Bancorp
- MasterCard
- Visa
- Bristol Myers Squibb
- Charter Communications
- AbbVie
- Marsh McLennan
- Merck
- Liberty Global Class C Shares
- Cut stake in Organon
- Added to stake
- Chevron
- Liberty Sirius XM Group
- Floor & Decor Holdings
- Royalty Pharma
Buffett is always worth watching. He was rejected by Harvard Business School. After graduating to the University of Nebraska he applied to Harvard Business School.
But during a brief interview with a school that would determine his acceptance, the staff said to Buffett forget it, you’re not going to Harvard. When you’re the richest man on the planet, he should write them a letter.
He eats like a six year old child. Coke Cola and ice cream. Buffett claimed he has one quarter Coke Cola so he’s 25% made of Coke Cola if he eats 2,700 calories a day a quarter of that is Coke Cola. He drinks at least five 12 ounce servings every day.
He’s lived in the same house since 1958, originally bought it for $31,000. He’s the world’s richest man for a long period of time. His father-in-law told him that he was gonna fail.
Today, he remains to be one of the richest people in the world.
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