When investors think of the one person they would most like to portray in the investment field, there is one person who comes tom mind. Hiss success in the stock market is an admirable accomplishment. This man is Warren Buffett. He is depicted as an extremely successful and ethical investor that has made his money through dedication and diligence.
Buffett's entire life is a direct testimonial to the American Dream and a prime example of what can be achieved through intelligent investing. He holds the second spot on the list of America's most affluent men. He is unique in this way because almost all of his success was earned by investing in other companies. Warren Buffett presently presides as the C.E.O. of his company, Berkshire Hathaway (brk.a). He acquired this company in the late 1960's building it up and sculpting it into the highest priced and most fruitful listing on the New York Stock Exchange.
Warren offers an unusual persona as a business man. He describes himself as an "introvert with simple tastes and a disheveled appearance. Take this shy, grandfatherly exterior and mix it with a commanding aptitude for power investing constantly seeking out talent in the corporate world and you get and unstoppable combination.
Buffett's philosophy is diligently studied, he is idolized, respected and recognized all over for his success. Conservation in business and appearance shows he is liberal at heart, which is sharply different from his peers. He has set the standard for and broken the stereotype that a successful business man cannot flourish financially and maintain a solid set of ethical ideas.
Warren Buffett was a "reluctant" philanthropist at first shying away from donations in general. It was his wife and traveling companion, Susan, who inspired him to give money to a number of local charities. These nonprofit organizations were mainly helpful to poverty stricken regions of the US. Even though he believed that these organizations would misuse the funds he donated to them, he still donated freely. He supported his wife's ideals and became an active participant in her causes which centered around birth control and homeless youths. Together the pair created a foundation called Glide. This organization was a joint venture used to direct monetary contributions to these particular causes.
Currently Buffet remains at full-invest mode constantly scouting out a new company to buy up or market to invest in. We here at Squawk want to honor Warren and salute his investing career. Thank you Mr. Buffett.
-Squawk
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