Reported about 1 month ago
Warren Buffett, the legendary value investor and CEO of Berkshire Hathaway, turned 94 on August 30, 2024, as his company achieved a market capitalization of $1 trillion, marking a major milestone. Buffett is known for his investment philosophy that emphasizes buying well-managed, undervalued companies and holding them long-term. His famous rules include 'Never lose money' and the importance of a lasting investment approach. Recent adjustments to Berkshire's portfolio included investments in companies like Ulta Beauty and Heico Corp., with reductions in Apple and Bank of America holdings.
Source: YAHOO