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Warren Buffett
Term category: People
In 10 words or less: One of the most influential value investors.  Also known as the "Oracle of Omaha"

Definition: The most successful investor of all time. He's currently the 2nd richest person in the world with $30+ billion.

More Details: Warren Buffett is the most idolized investor ever. He's often referred to as the "Oracle of Omaha" because he lives in a modest home in Omaha, Nebraska but has a magical touch when it comes to investing.

He made his fortune by purchasing insurance companies and using their "float" (premiums people pay but aren't used yet to pay claims) to invest in stocks.

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Related Books

Buffett: The Making of an American Capitalist by Roger Lowenstein
The Warren Buffett Way by Robert Hagstrom
How to Pick Stocks like Warren Buffett by Timothy Vick
Buffettology by Mary Buffett

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