Warren Buffett

Definition

The Chairman of Berkshire Hathaway, and arguably the greatest stock market investor of all time. An investor who chose to invest $10,000 in Berkshire Hathaway when Buffett took over in 1965 would have more than $20 million today. His forte is in identifying undervalued companies, and he is well-known for taking a very long-term positions in companies he identifies as being good investment prospects. Buffett provides strong evidence that it is possible to consistently outperform the market.



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Related terms:

look-through earnings, circle of competence, Mr. Market

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