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This Happened — August 30: Birth Of An American Business Magnate

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Updated August 30, 2024 at 11:20 a.m.

American business magnate Warren Buffet was born on this day in 1930.

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Who is Warren Buffet?


Warren Buffett is an American business magnate, investor, and philanthropist. He is the chairman and CEO of Berkshire Hathaway, a multinational conglomerate holding company. Buffett is often regarded as one of the most successful investors in history.

What is Warren Buffet's investment philosophy?


Warren Buffett's investment philosophy is centered around value investing, which involves identifying undervalued companies with strong fundamentals and long-term growth potential. He emphasizes the importance of thorough research, a margin of safety, and a long-term perspective.

What is Berkshire Hathaway?


Berkshire Hathaway is a conglomerate holding company led by Warren Buffett. It owns and operates a diverse range of businesses in various sectors, including insurance, manufacturing, utilities, energy, and retail.


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