We have compiled a list of key factors which led to Warren Buffett's coveted success.
US President-elect Barack Obama has appointed a 17-member high-level team of advisers including billionaire investor Warren Buffett and Google chief executive Eric Schmidt to guide him in channelising the economy, a media report says.
They don't call him "The Oracle" for nothing.
"As Buffett puts it "Gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end."
This knowledge on value investing will help drive investors to make sound investment decisions.
Buffett gave no hints about who would succeed him and defended ties with Brazil's 3G Capital during the annual meeting
Warren Buffett, chairman and chief executive officer of Berkshire Hathway, has received a total compensation of $519,490 (Rs 2.36 crore) for 2009, including a salary of $100,000 that has remained unchanged for more than 25 years.
Both companies will be equal equity partners.
V Prem Watsa, the India-born billionaire and promoter-chairman of Toronto-based Fairfax Financial Holdings, a $30-billion plus insurance and investment company, is often referred to as the "Canadian Buffett," a reference to the famous billionaire founder of Berkshire Hathaway, Warren Buffett.
Focus on Berkshire's size has grown over the years as it has amassed more than 80 businesses
A gush of Federal money helped in avoiding an economic meltdown.
Billionaire investor Warren Buffett, who is a leading shareholder in Kraft Foods, has warned the US foods firm against overpaying for the British confectionery firm Cadbury, a media report says.
Worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money, says Buffett.
Though Buffett, chief of the Berkshire Hathaway holding company, supported Obama in the race for the White House, McCain was all praise for Buffett's contribution to the global economic crisis.
Warren Buffett, chief executive officer of Berkshire Hathway Inc, has denied that he had invested $1 billion in the ONGC issue, though the market was abuzz throughout the day that he had placed bids for half the size of the issue.
Even as the economic crisis ravages global markets, the two billionaires are making investments in firms from America to Australia. According to reports, Soros snapped up a five per cent stake in Australian firm Sphere Investments. In October, he acquired over five per cent of Australian mining firm Legend International. Buffett has bought preferred shares worth $ 5 billion from Goldman Sachs. In addition, he has acquired preferred stocks worth $ 3 billion dollars in GE.
Software czar Bill Gates, legendary investor Warren Buffett and Apple's Steve Jobs, all known for their business acumen, have been named among the 20 best American CEOs of all time.
A blue-eyed boy of the billionaire investor, Sokol's surprise exit has come amid disclosures about his personal stockholdings.
"I probably wouldn't do much," Buffett said when asked what he would do if he ran the Fed.
Buffett, CEO and Chairman at Berkshire Hathaway, does not use office car, has neither taken a salary hike for 25 years nor desires any in future, pays back the company for minor items such as phone calls, postage and favour from office personnel that are personal in nature, does not fly in company jet for personal visits and gives a much bigger pay package to his Chief Financial Officer. Berkshire Vice Chairman Charles Munger has also been paid an annual salary of $100,000.
Warren Buffett defended his plan to appoint his son, Howard, who has little investing experience, as non executive chairman, saying the younger man's role would be to ensure that Berkshire had the right CEO in place.
Lubrizol had revenues of $5.4 billion and a global workforce of about 6,900 in 2010.
This makes Berkshire the sixth-largest external investor in the bank
Oracle of Omaha will initially invest Rs 1,177 crore (Rs 11.77 billion) in the venture.
Prem Jain's 25 years of research is his latest book -- Buffett Beyond Value -- in which he describes the difference between Warren Buffett's attitude towards investing and the academic approach.
Rekha Jhunjhunwala's net worth has increased by more than 7 per cent, or Rs 2,865 crore, compared to less than 1 per cent rise in the BSE Sensex.
In a letter to his shareholders, the Berkshire Hathaway chief said he has been diagnosed with 'Stage I prostate cancer' on Wednesday and will begin a two-month treatment of daily radiation in July.
New book goes deep into Buffett's heart and soul and finds value in both places
The Sage of Omaha has finally arrived in India, just two days after the finance minister reaffirmed the government's commitment to further liberalise the insurance sector.
Toronto-based investment firm, Salida Capital led by Courtenay Wolfe has won the charity auction to dine with billionaire investor Warren Buffett.
Warren Buffett will meet with individuals that have bought insurance policies through his Indian venture Berkshireinsurance.com.
This is yet another large energy deal for Warren Buffett in the western United States.
Nine more wealthy families and individuals have pledged to give at least half of their fortunes to charity as part of a philanthropic campaign.
Buffett is not coming to only talk foreign direct investment in insurance and invest his billions in Indian equities.
The deficit means foreigners are sitting on constantly growing piles of American currency
Warren E Buffet, dubbed as the planet's biggest philanthropist after he decided to give away 85 per cent of his wealth amounting to $37.4 billion to charity, said he does not believe in dynastic inheritance.
'They treat me much better in India than they do in the United States.'
Warren Buffett this week donated $2.8 billion of Berkshire Hathaway Inc stock to five charities, as part of the billionaire's plan to give away nearly all of his wealth.
Kishore Biyani, the founder of Future Group, is treading cautiously with the initial public offer of his venture capital arm, Future Ventures, this time.
Advice from Oracle of Omaha's to shareholders.