Carter Boyle: Getting to Know Warren Buffett
As part of the finance sector, Carter Boyle interacts with investors all of the time. One of the most successful and well-known investors today is Warren Buffett. Many look up to him not just because of his success and wealth, but also because of his philanthropy and wisdom.
Buffett is the chairman and CEO of Berkshire Hathaway, a conglomerate that wholly owns some of the most established brands today, including Duracell, Dairy Queen, and Fruit of the Loom. The holding company also owns a percentage of prominent brands like Apple, The Coca-Cola Company, Wells Fargo, Bank of America, and American Express, among others. Buffett has a net worth of more than $82 billion as of March 2019, making him the third richest man in the world today and richer than the GDP of certain countries.
It isn’t just his business acumen that makes Buffett admired by many. He is a believer in the power of investing. Buffet himself began investing at the early age of 11 using the money he earned from selling newspapers. He practices value investing, a strategy wherein one invests in possibly undervalued stocks and expects to profit from overreactions by the market.
Warren Buffet, despite his wealth, is known for his frugality. He lives in a relatively simple five-bedroom house which he bought in the 1960s. The most advanced device in his office is a telephone. Reportedly, he has also sent just one email his entire life. This distance from technology gives him ample time to read and play games with like-minded people, including Microsoft co-founder Bill Gates whom he has collaborated with on numerous philanthropic endeavors in the past.
As finance experts like Carter Boyle may tell you, there is much to learn from the example set by Warren Buffett. This doesn’t mean following his investment strategy and aversion to technology, of course, but his attitude towards wealth and money is definitely inspiring.
Buffett is the chairman and CEO of Berkshire Hathaway, a conglomerate that wholly owns some of the most established brands today, including Duracell, Dairy Queen, and Fruit of the Loom. The holding company also owns a percentage of prominent brands like Apple, The Coca-Cola Company, Wells Fargo, Bank of America, and American Express, among others. Buffett has a net worth of more than $82 billion as of March 2019, making him the third richest man in the world today and richer than the GDP of certain countries.
It isn’t just his business acumen that makes Buffett admired by many. He is a believer in the power of investing. Buffet himself began investing at the early age of 11 using the money he earned from selling newspapers. He practices value investing, a strategy wherein one invests in possibly undervalued stocks and expects to profit from overreactions by the market.
Warren Buffet, despite his wealth, is known for his frugality. He lives in a relatively simple five-bedroom house which he bought in the 1960s. The most advanced device in his office is a telephone. Reportedly, he has also sent just one email his entire life. This distance from technology gives him ample time to read and play games with like-minded people, including Microsoft co-founder Bill Gates whom he has collaborated with on numerous philanthropic endeavors in the past.
As finance experts like Carter Boyle may tell you, there is much to learn from the example set by Warren Buffett. This doesn’t mean following his investment strategy and aversion to technology, of course, but his attitude towards wealth and money is definitely inspiring.
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