Investor Warren Buffett On This Day in History

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This Day In History: The Oracle of Omaha, Warren Buffett, was born on this day in 1930. Buffet is an American investor, business tycoon, and philanthropist, who is the chairman and CEO of Berkshire Hathaway. The Berkshire Hathaway stock is the most expensive in the world (presently at 328,000.00). He is considered one of the most successful investors in the world and has a net worth of $78.9 billion, making him the fourth-wealthiest person in the world, behind Jeff Bezos, Bill Gates and Bernard Arnault.

Buffet is the most mentioned person in financial circles, and when he buys and sells, everyone takes notice. His recent gold acquisition marked to the world a public lack of confidence in the American dollar.

On Bitcoin he stated, "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending."

Buffet bought his first stock when he was 11 years old, and made $53,000 by the age of 16. He also eats like Trump, preferring Cokes and McDonalds.

He reads a stack of books every day, “Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest.”

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