The $128 Billion Must-Read Warren Buffett Quote

There's a very good reason so many Wall Street and retail investors closely follow Warren Buffett's every word: He's exceptionally good at what he does.

While Buffett isn't infallible (surprising fact: none of us are), his track record speaks for itself. The Oracle of Omaha, as he's aptly been dubbed, has seen his net worth grow from around $10,000 in the mid-1950s to $90 billion as of today. What's more, the share-price appreciation of conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), which Buffett has been CEO of for 50 years, has generated well over $400 billion in value for its shareholders.

Buffett is a master of creating wealth and finding deals, which is why investors have tended to ride his coattails to big gains and/or steady income over the years.

Continue reading


Source Fool.com