How Warren Buffett Built His Fortune
Who Is the Oracle of Omaha?
The Oracle of Omaha is a nickname for Warren Buffett, arguably one of the greatest investors of all time. Buffett is the chair and CEO of Berkshire Hathaway, a company that he became the controlling shareholder of in the mid-1960s.
He is called the Oracle of Omaha because the investment community very closely follows his investment picks and comments on the market, and he lives and works in Omaha, Nebraska.
Key Takeaways
- Billionaire Warren Buffett (who lives and works in Omaha, Nebraska) is known as the Oracle of Omaha, a nickname he earned as one of the world’s most successful and closely followed investors.
- The Oracle of Omaha built his fortune as a value investor, buying undervalued stocks with…