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PR Newswire
06-12-2014, 10:12 PM
The reason for posting here, isn't because Mr. Buffett becomes the world's second richest man again, but the fact that Mr. Buffett success story remains, even after the "serious mistake" made
We don't need to be right all the time, to success in value investing...
Buffett passes Slim to become world’s second-richest man
NEW YORK (Dec 6): Warren Buffett became the world’s second-richest person yesterday after shares of Berkshire Hathaway reached a record high.
The Omaha, Nebraska-based company has soared 27 percent this year as the dozens of operating businesses the 84-year-old chairman bought over the past five decades churned out record profit.
“The all-time closing high stock price today is due to a widening appreciation of what Berkshire really is, a fortress,” Buffett biographer Andrew Kilpatrick said in an e-mail yesterday.
With about US$60 billion in cash at the company, “He could make a whopper of an acquisition at any moment.”
...
http://www.theedgemarkets.com/sg/article...ichest-man
We don't need to be right all the time, to success in value investing...
Buffett passes Slim to become world’s second-richest man
NEW YORK (Dec 6): Warren Buffett became the world’s second-richest person yesterday after shares of Berkshire Hathaway reached a record high.
The Omaha, Nebraska-based company has soared 27 percent this year as the dozens of operating businesses the 84-year-old chairman bought over the past five decades churned out record profit.
“The all-time closing high stock price today is due to a widening appreciation of what Berkshire really is, a fortress,” Buffett biographer Andrew Kilpatrick said in an e-mail yesterday.
With about US$60 billion in cash at the company, “He could make a whopper of an acquisition at any moment.”
...
http://www.theedgemarkets.com/sg/article...ichest-man
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