Warren Buffet is also known as the Oracle of Omaha due to his time tested wisdom in the field of investing that has seen his firm of Berkshire Hathaway, fully own other companies such as GEICO, Dairy Queen, BNSF Railway, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, and NetJets. The firm’s individual stock is currently worth $325,000 at the moment of writing this. Imagine that?
One of Warren Buffets famous quotes has been sampled by the investing community on numerous occasions, and applies to other types of investing outside the financial world. This quote is the one that states the following: