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For the first time in 55 years, he stood alone at the focus of a Berkshire main meeting: Warren Buffett, after his long-term right-hand man, Charlie Munger, passed away at the age of 99 in late 2023.
May 3, 2024 · Watch on. Warren Buffett: MAJOR Updates from the Berkshire Hathaway Shareholders Meeting 2023. Watch on. Warren Buffett's Five Tips For Long-Term Investing | CNBC. Watch on. Explore Warren Buffett's unique leadership approach, its impact on Berkshire Hathaway's growth, and key takeaways for aspiring leaders.
- No. 1: Start Early and Be Patient
- No. 2: Growth Rates Can Slow as Your Portfolio Grows
- No. 3: Stick to What You Know
- No. 4: Do Nothing – Most of The Time
- No. 5: Consider Index Funds
Buffett has grown as wealthy as he has in large part by starting early and patiently staying the course. His track record at Berkshire Hathaway spans more than five decades. The table below shows how a single initial $1,000 investment can grow over long periods at different growth rates: Source: Calculations by author. Those are some impressive num...
If you take a close look at Berkshire Hathaway's annual gains over each year between 1964 and 2019, you'll notice a few things. For example, between 2010 and 2019, there was only one year with a 30%-plus gain, but there were four such gains between 1970 and 1979, seven between 1980 and 1989, and five between 1990 and 1999. Berkshire's growth rate h...
Next, Buffett is famous for respecting his "circle of competence," meaning that he knows what he knows and what he doesn't know, and doesn't like to invest in companies or businesses he doesn't understand well. We would do well to do the same. Remember Buffett's words from his 1996 letter to shareholders: Hedge fund billionaire Seth Klarman has sha...
This bit of advice from Warren Buffett may be especially welcome. You don't have to be a busy investor, checking stock prices all day and buying and selling frequently. In fact, that's likely to hurt you – especially if you're a day trader. A famous study by Brad Barber and Terrance Odean in 2000 confirmed that, summarizing: Your next move:What 401...
Finally, Buffett has suggested that investors consider low-fee broad-market index fundsfor much of their portfolios. He has explained that, in his will, he left these instructions for the money left for his wife: "Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard's.)" There are lot...
- Selena Maranjian
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6 days ago · Save and Invest 4 lessons for success from Berkshire shareholders' best Buffett, Munger stories Next Gen Investing Warren Buffett: AI has 'enormous potential' for good and harm
- 9 min
- Ryan Ermey
Mar 21, 2019 · Buffett credits much of his success to the class, and his office shows more than enough proof. “I don’t have my diploma from the University of Nebraska hanging on my office wall, and I don’t ...
- 2 min
- Gillian Zoe Segal
20 hours ago · Warren Buffett’s investing wisdom seems to defy the law of diminishing marginal utility, offering increasing value over time. He emphasizes continuous learning, hard work, and building a solid ...
Mar 4, 2024 · The most fascinating aspects of learning from Warren Buffett are two-fold. For starters, he serves as the primary source, sharing invaluable insights yearly through the Berkshire Hathaway shareholder letters. Secondly, the learning is real-time, devoid of retrospective biases often found in memoirs or books by other business leaders or investors.
