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Omaha, Neb. (AP) – billionaire investor Warren Buffett He said it was Saturday Wants to go down At the end of the year, as the Chief CEO of Berkshire Hathaway. Revelation came as a surprise Because 94 years old said he did not plan to retire earlier.
Buffett, one The richest people in the world The most successful investors managed in 1965 when Berkshire Hathaway was a textile maker. Society has become a conglomerata to get less sold than is valuable to find other ventures and shares.
His success made him the Wall Street icon. In addition, a reference to the Nebraska city of Nebraska, where the buffet was born, won him the nickname “Omaha” and chose to live and work.
Here are some of the best and worst investments in his years:
The best of Buffett’s
– National Payment and National Fire and Marine: The company purchased in 1967 was one of the first insurance investments in Buffett. Insurance Float – Premium money insurers, when policies were taken and allegedly, they have provided capital for many years and helped the company’s growth. Berkshir’s insurance department has been included in GEICO, total reinsurance and several other insurers. At the end of the first quarter, swim was $ 173 billion.
– Purchase stock blocks in American Express, Coca-Cola Co. And sometimes the banks of America are sometimes not in favor of companies due to scandals or market conditions. Collectively, for some reason why the shares pay Buffett, this does not consider all the dividends he gathered over the years.
– Apple: Buffett has long been not informed that technological companies do not understand and choose long-term winners, but began to buy Apple stocks In 2016. Later, the iPhone producer has received more than $ 31 billion, according to the fact that it is an extremely loyal customers company, he said. Before the Buffett, the value of investment grew more than $ 174 billion. Berkshire began selling Hathaway’s shares.
– BYD: By the recommendation of the late investor Charlie Munger, Buffett in 2008 BYD founder Wang Chanfu’s genius of $ 232 million in investment Chinese electric vehicle Manufacturer. Before starting to sell Buffett, the value of this share was $ 9 billion. The remaining share of Berkshir is still worth $ 1.8 billion.
– See candy: Buffett repeatedly bought as a turning point in his career in 1972. Buffett, Munger said it was the meaning of getting big businesses at a good price as it continues to compete. Earlier, Buffett was first invested in any quality companies as they were sold less than they think they were worth. Berkshire won $ 25 million from Candy Company to $ 1.65 billion from Candy Company to 2011. The amount continued to increase, but Buffett highlighted it regularly.
