Financial Services Industry
Industry: Email Alert RSS FeedWarren Buffett; Chairman, Berkshire Hathaway Inc., Omaha, Neb.(P&I at 30: The difference-makers)
Pensions & Investments, October, 2003 by Burr, Barry B.
Byline: Barry B. Burr Warren Buffett, the second-richest person in America, is the world's greatest investor. He's proven that it's possible to beat the market consistently over long periods of time, contrary to the academic theory of the efficient market hypothesis and the empirical performance of money managers.
He has been called "the most famous practitioner of value investing. Investors follow every move he makes because of his successful track record. As one pension executive commented in Pensions & Investments in 1993, "After (Mr. Buffett) has accumulated a stock, typically the investment community jumps on the bandwagon.'' In 1999, P&I reported that The Carson Group, a financial consultant in New York, ranked Mr. Buffett as the greatest...
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