Sunday, May 20, 2012

Warren Buffett

Warren Edward Buffett

is a descendant of Deacon Samuel Chapin through the Catherine Chapin Bliss line and is my 10th cousin.

Warren Buffett is an American business magnate, investor, and philanthropist. He is widely considered the most successful investor of the 20th century. Often introduced as "legendary investor, Warren Buffett",[5][6] he is the primary shareholder, chairman and CEO of Berkshire Hathaway.[7] He is consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008[8] and is the third wealthiest person in the world as of 2011.[9] In 2012, American magazine Time named Buffett one of the most influential people in the world.[10]

Buffett is called the "Wizard of Omaha", "Oracle of Omaha"[11], or the "Sage of Omaha"[12] and is noted for his adherence to the value investing philosophy and for his personal frugality despite his immense wealth.[13] Buffett is also a notable philanthropist, having pledged to give away 99 percent[14] of his fortune to philanthropic causes, primarily via the Gates Foundation. On April 11, 2012, he was diagnosed with prostate cancer.[15]

He is often introduced with the formula "Ladies and Gentlemen, the legendary investor Warren Buffet"

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