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Saturday 29 May 2010

Two weeks ago, 35,000 people flocked to the midwestern town of Omaha in the US to hear the oracle – Warren Buffett – speak. Often touted as the ‘world’s greatest investor’, what exactly did Warren say?
Listed by Forbes Magazine as the third richest man in the world, with an estimated net worth of US$47 billion, Buffett heads up the company Berkshire Hathaway, which has returned around 434 000 per cent to its shareholders since 1965 (we’re not kidding!). Berkshire Hathaway’s annual general meeting has just been held and saw thousands of shareholders hanging on to the great man’s every word.

Keep in mind, Buffett isn’t your average billionaire. Media-shy and down-to-earth (he still lives in the same house he bought as a young man) he’s pledged to give most of his fortune away to charity upon his death.

In this week’s article of the week the Herald Sun’s Barefoot Investor writes about the latest Berkshire Hathaway general meeting and spills the beans on his interview with the illusive Warren Buffett.

Don’t forget to check out Berkshire Hathaway if you want to hear it all from the horses’s mouth. It’s a daggy looking site but Buffett’s annual letters are a must-read for serious investors.

Join our forum of the week – if you had the chance, what would you ask Warren?

 

 

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3 Comments

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Spending Sal
30 May 2010 at 11:13 am

Wow. Buffett certainly hasn’t put his money into his website, has he?!

MissExtreme
6 Jun 2010 at 12:39 pm

Agreed, but he doesn’t need to, does he? If I had 35,000 people dropping in on my home town just to listed to me speak, I wouldn’t spend a dime on my website either.

Lisa
11 Jun 2010 at 4:28 pm

It sure doesn’t sound like he has to spend any $$ on marketing – lucky him!!

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