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Warren Buffett

Warren Edward Buffett (/ˈbʌfɪt/; born August 30, 1930)  is an American investor,
business tycoon, philanthropist, and the chairman and CEO of Berkshire Hathaway. He
is considered one of the most successful investors in the world and has a net
worth of US$78.9 billion as of August 2020, making him the world's seventh-wealthiest
person.
Buffett was born in Omaha, Nebraska. He developed an interest in business and
investing in his youth, eventually entering the Wharton School of the University of
Pennsylvania in 1947 before transferring to and graduating from the University of
Nebraska at 19. He went on to graduate from Columbia Business School, where he
molded his investment philosophy around the concept of value investing pioneered
by Benjamin Graham. He attended New York Institute of Finance to focus his
economics background and soon after began various business partnerships, including
one with Graham. He created Buffett Partnership, Ltd in 1956 and his firm eventually
acquired a textile manufacturing firm called Berkshire Hathaway, assuming its name to
create a diversified holding company. In 1978, Charlie Munger joined Buffett as vice-
chairman
Buffett has been the chairman and largest shareholder of Berkshire Hathaway since
1970 He has been referred to as the "Oracle" or "Sage" of Omaha by global media. He
is noted for his adherence to value investing, and his personal frugality despite his
immense wealth.  Research published at the University of Oxford characterizes Buffett's
investment methodology as falling within "founder centrism" – defined by a deference to
managers with a founder's mindset, an ethical disposition towards the shareholder
collective, and an intense focus on exponential value creation. Essentially, Buffett's
concentrated investments shelter managers from the short-term pressures of the
market.
Buffett is a notable philanthropist, having pledged to give away 99 percent of his fortune
to philanthropic causes, primarily via the Bill & Melinda Gates Foundation. He
founded The Giving Pledge in 2009 with Bill Gates, whereby billionaires pledge to give
away at least half of their fortunes.

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