An overview of the career and general investment strategy of Warren Buffet.
Written in 2005; 1,197 words; 5 sources; MLA; $ 41.95
Paper Summary:
This paper examines how Warren Buffett, known as the 'Oracle' or the 'Sage of Omaha,' is generally considered to be one of the world's most successful investors. It looks at how Berkshire Hathaway, the company he used as an investment vehicle, is now legendary for its achievements and explores some of his investment principles.
From the Paper:
"The second role Berkshire Hathaway played was extremely important for Buffett's success. In 1967 he turned his attention towards the insurance business and purchased two Nebraska companies, National Indemnity and National Fire and Marine Insurance. The insurance business was risky, under permanent competition stress and in constant need of excellent management. Buffett was coming from a traditional sector of the economy, textiles, but the new challenge proved to be exactly what he had needed. The new opportunity gave him the chance to put his full potential to the test and to apply all the investment strategies that have made him famous."
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