Warren Buffett: A Global Leader In The Business World

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Warren Buffet once said, “Someone is sitting in the shade today because someone planted a tree a long time ago” (Buffett, Cunningham 51). During the deepest and longest-lasting economic downturn in history, which sent Wall Street into a panic and wiped out millions of investors, the Great Depression, Warren Buffet was buying and selling his first stocks. Amid the difficult times, Warren Buffett became one of the greatest investors ever and is regularly ranked among the wealthiest people in the world with a net-worth of 66.7 billion dollars (“History”). There have been several groups of successful businessmen throughout the modern era. They changed the way of understanding the finance, investments, and had a superb influence on the world population. Richard Dennis, Jim Rogers, or George Soros are just few examples of world famous and successful traders. However, none of these men have not accomplished, what Warren Buffett has. Excellent timing in investments, a dynamic personality, and great leadership skills make Warren Buffett a global leader in the business world. It was the August 30,…show more content…
Warren always wanted to be financial independent, working for himself and find a job where he would admire the people he is working with (Athanassakos). Following Graham’s value investing strategy, Warren bought the majority of Berkshire Hathaway stocks and took the position of Chairmen of the Board and CEO at Berkshire Hathaway (Smith). His investment philosophy and healthy leadership brought Berkshire Hathaway back on its feet and started a completely new era. Warren transformed this textile mill into a worldwide conglomerate, with revenues of over 162 billion dollars per year. Famous franchises, like Dairy Queen, Fruit of the Loom, automobile insurance GEICO, or Net Jets are daughter businesses of Berkshire Hathaway, all under the ownership of Warren Buffett

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