Page 45 - Ocean Blue World Winter 2019 Edition
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ONE OF A KIND
“Price is what you pay.
Value is what you get.”
- Warren Buffett
Berkshire Hathaway continues to have majority shares in e is known as the Oracle of Omaha, because he is an
everyone’s favorite brands including GEICO insurers, Dairy Queen, oracle of an investor; the man who turned an original
NetJets, Benjamin Moore & Co., and Fruit of the Loom to name one-hundred-dollar investment into billions, which
a few, as well as interests in American Express, Costco Wholesale Hin turn keeps generating billions.
Corp. General Electric, Coca-Cola, and Wal-Mart among others.
Buffett was born in 1930, in Omaha, Nebraska. He has pledged
“The Buffett Methodology” is centered on choosing stock based on to give away over 99 percent of his fortune. In 2010 he and Bill
its overall potential as a company. Buffet is a long-term player Gates launched the Giving Pledge, asking billionaires to commit
with a hands-on approach, investigating each company with a to donating half their wealth to charitable causes. In 2019
preference for those that are run well, often quoted as saying, “It’s Buffett donated $3.6 billion to charities, the majority to the Bill
far better to buy a wonderful company at a fair price, than a fair & Melinda Gates foundation.
company at a wonderful price.”
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