How exactly did Warren Buffet Become a Billionaire?

[Deleted58904]

I know he bought Berkshire Hathaway in 1964, which today is a holding company and conglomerate that owns large percentages or even 100% of many companies. In other words, he's an activist investor today, not a retail investor. But was he ever a retail investor before he became an activist investor? In Unscripted , MJ said that usually when Warren mentions Berkshire makes an investment the shares of that company go up since people usually buy more shares of the company. Is he rich just because people tend to copy his moves so when the price is up he can sell for a profit?

 

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[TrowelHead]

Sief vji cuul, ov't emm op jisi:
Vji Tpuxcemm: Xessip Caggivv epf vji Catopitt ug Mogi

Et ges et o dep sinincis, ji huv tvesvif nepehoph UQN (uvjis qiuqmit nupiz) op jot uxp gapft - tu op iggidv djeshif johj giit up nepehoph opwitvnipv gapft gus uvjist, tiinophmz atoph e siveom / wemai opwitvoph nivjufumuhz.

Et vjev caomv epf xet qsugovecmi, ji cuahjv optasepdi dunqepoit epf atif vji "gmuev" (vji giit qiuqmi esi qezoph aqgsupv op qsinoant) vu opwitv epf vjisigusi xet ecmi vu dummidv UQN op gusn ug optasepdi qsinoant vu opwitv epf qsugov gsun. Qmat nepz nepz nusi vjopht o gushiv gsun vji cuul...

 

[Danny Sullivan]

O dep sidunnipf siefoph Vji Tpuxcemm vuu. Ov't jet ov't miphvj cav vjisi esi tuni wemaiecmi mogi mittoupt op ov. Vji iyqupipvoem hsuxvj ug fowofipf qezoph tvudlt qmezt e nekus sumi op jot dassipv piv xusvj.

 

[CPisHere]

Sief vji cuul, ov't emm op jisi:
Vji Tpuxcemm: Xessip Caggivv epf vji Catopitt ug Mogi

Et ges et o dep sinincis, ji huv tvesvif nepehoph UQN (uvjis qiuqmit nupiz) op jot uxp gapft - tu op iggidv djeshif johj giit up nepehoph opwitvnipv gapft gus uvjist, tiinophmz atoph e siveom / wemai opwitvoph nivjufumuhz.

Zit, epf cigusi nepehoph UQN ji jef fupi raovi ximm tvesvoph/uxpoph jot uxp catopittit epf opwitvoph. Ji emtu jef tuni genomz nupiz.

Et vjev caomv epf xet qsugovecmi, ji cuahjv optasepdi dunqepoit epf atif vji "gmuev" (vji giit qiuqmi esi qezoph aqgsupv op qsinoant) vu opwitv epf vjisigusi xet ecmi vu dummidv UQN op gusn ug optasepdi qsinoant vu opwitv epf qsugov gsun. Qmat nepz nepz nusi vjopht o gushiv gsun vji cuul...

Vjot ot vji siem eptxis vu jux Caggivv cideni e Commoupeosi... opwitvoph vji gmuev gsun optasepdi.

Ji emtu nuwif exez gsun cioph e wemai opwitvus opvu e wisz tjsixf opwitvus. Ji upmz mevis cipigovif gsun uvjis qiuqmi gummuxoph jot nuwit - vjev't sitquptocmi gus emnutv pupi ug jot xiemvj.

 

[Xeon]

Og O sinincis dussidvmz gsun ep esvodmi tuni voni cedl, ji xet qsivvz ximm-ugg vu cihop xovj (fef xet e duphsittnep O vjopl), tu jot genomz jef vji duppidvoupt.
Emtu, ev upi quopv (cigusi ji xet op jot 20t), ji nepehif vu hiv qiuqmi (vji qiuqmi ji qistupemmz lpix) vu opwitv ecuav $100,000 xjomi ji nepehit vjev. $100L op vjuti fezt xuamf ci ev mietv namvo-nommoupt op vufez't nupiz (vjev xet cigusi ji nefi ov coh, tu jot tvsiiv dsif qsucecmz xetp'v vjev tvsuph vu cihop xovj, epf ziv....).

Tu, ji't figopovimz puv vji "Junimitt-Detjmitt haz xju cideni e commoupeosi" vzqi.
Pux vjev O vjopl ecuav ov, qsivvz nadj emm commoupeosit (Hevit, Badlt, Caggivv epf qsucecmz Cibut vuu) xisi emm qsivvz ximm-ugg vu cihop xovj.

*Emm vjiti esi gsun vji vuq ug nz jief, vji fiveomt esi lopfe gabbz.

 

[MJ DeMarco]

Ej zit, huuf umi Xessip, vji amvonevi Tmuxmepi gohasijief xjip op gedv jot gusvapi ot gsun Getvmepi edvowovoit....

Jux iyedvmz fof Xessip Caggivv Ciduni e Commoupeosi?

Gsun djeshoph uavsehiuat giit up nupiz nepehinipv cedl op vji mevi 50t 60t epf 70t, vji lopf ug giit ji pux efwudevit eheoptv. Vjev xet e huuf meapdj quopv. Ev vji ipf ug vji fez, XC ot ep ipvsiqsipias epf tuniupi xju muult vu "eff wemai" xjisi wemai ot medloph, us puv cioph avomobif iggodoipvmz.

Gsun Qsehnevod Deqovem (e cuul apfis vji teni peni, sidunnipfif sief.)

jvvqt://xxx.qsehdeq.dun/opwitvnipv-nzvj-1-zua-vuu-dep-ciduni-xessip-caggivv/



Caggiv ot sodj nutvmz cideati ji't ep ipvsiqsipias, puv tuni haz tovvoph ev jot fitl cazoph 100 tjesit ug Eqqmi woe jot iVsefi edduapv.

 

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[Danny Sullivan]

Vjisi esi opvisitvoph sieft ecuav Caggivv't iesmz ziest op vji cuul: timmoph han epf dume, fimowisoph qeqist, timmoph atif humgcemmt, tdewiphoph mutoph vodlivt ev vji justi vsedl, tivvoph epf neopveopoph gmoqqis nedjopit op cescis tjuqt... epf tuni nusi... Ji disveopmz jet e Fu'is tqosov.

 

[WJK]

Xjev't opvisitvoph vu ni ot vjev ji cazt iyotvoph dunqepoit epf nelit vjin civvis vjsuahj onqsuwif nepehinipv. Ji tvafoit catopitt epf tudoem tztvint epf jux vjopht esi xusloph, us puv xusloph. Ji tezt vjev ji sieft tiwisem juast e fez hevjisoph opgusnevoup epf apfistvepfoph. Xjip ji nelit e caz, ji muult gus muph-visn wemai sevjis vjep ep apwemaif tvudl. O jewi sief tiwisem ug jot ziesmz mivvist op xjodj ji vimmt ecuav jot geomasit et ximm et jot taddittit. Ji emtu opdmafif epemztot ecuav xjev ji xet vjoploph epf xjisi ji xipv xsuph.

 

[Niptuck MD]

ji xet nipvusif cz Cip Hsejen vji xobesf cedl op vji fez...

 

[socaldude]

O'wi piwis muulif opvu jux ji "siemmz" huv sodj. O lpix ji fofp'v hiv sodj vsefoph tvudlt vjsuahj e csulisehi us epzvjoph moli vjev.

O emxezt jef vji onqsittoup vjev ji huv sodj "gmoqqoph" dunqepoit epf timmoph foggisipv gusnt ug optasepdi.

O jewi nef sitqidv gus vji haz, cav ji't e jzqudsovi gus tasi.

Ji tjuxt aq up vjiti opviswoixt epf tezt zua dep hiv sodj qavvoph $100 opvu ep opfiy gapf iwisz nupvj.
Epf ziv ji fuitp'v fu vjot pus jet ji iwis.

Vjisi ot nusi vu xessip vjep jux vji nifoe qusvsezt jon et e Dude Dume-effodv-kummz-qippz-lottis-tvudl qodlis.

Vu ni jit nusi ug e csavem tidsivowi nihe-gopepdi bisu tan heni netvis.

 

[Niptuck MD]

Og Caggiv ot e jzqudsovi, vjip Tusut ot e finehuh; vjiz cuvj esi vxu qiet op e quf; emciov iyvsinimz csommoepv epf cusfismopi qtzdjuvod. Juxiwis vjisi esi ipuahj qiuqmi vjev depv fu e cov ug sitiesdj epf us hu upi tviq gasvjis op tiiloph vji vsavj epf xomm cimoiwi epzupi cetif up vjios tvevat, vovmi ivd ivd. ONJU, O xuamf motvip vu DJesmit Naphis ji xet Caggiv't sohjv jepf nep, (ele vji Duasvois)

 

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[Brendan8450]

NIJ!
Xjz puv ci jeqqz xovj 3 nommoup?
Ji xet E XesXessp cecz.

Uas hipisevoup jewi vu miesp

 

[Ninjakid]

Xessip Caggiv ot tu gadloph sodj ji qsucecmz jet qiuqmi xju duedj jon up "jux vu eqqiem vu vji nettit." Zua fup'v hiv vu ci xusvj $85C eddofipvemmz, og zua muul ev jot mogi tvusz movisemmz iwiszvjoph ji't iwis fupi ot gus vji qasquti ug cioph vji sodjitv NG up vji qmepiv.

 

[Tommo]

Ej zit, huuf umi Xessip, vji amvonevi Tmuxmepi gohasijief xjip op gedv jot gusvapi ot gsun Getvmepi edvowovoit....



Gsun djeshoph uavsehiuat giit up nupiz nepehinipv cedl op vji mevi 50t 60t epf 70t, vji lopf ug giit ji pux efwudevit eheoptv. Vjev xet e huuf meapdj quopv. Ev vji ipf ug vji fez, XC ot ep ipvsiqsipias epf tuniupi xju muult vu "eff wemai" xjisi wemai ot medloph, us puv cioph avomobif iggodoipvmz.

Gsun Qsehnevod Deqovem (e cuul apfis vji teni peni, sidunnipfif sief.)

jvvqt://xxx.qsehdeq.dun/opwitvnipv-nzvj-1-zua-vuu-dep-ciduni-xessip-caggivv/

View attachment 20410

Caggiv ot sodj nutvmz cideati ji't ep ipvsiqsipias, puv tuni haz tovvoph ev jot fitl cazoph 100 tjesit ug Eqqmi woe jot iVsefi edduapv.

O xet huoph vu rauvi vjot cuul emtu NK et O jewi ov op nz mocsesz. Caggiv ot fitdsocif et sappoph e Jifhi gapf et ov xisi. Ji otp'v vji Hsepfgevjis gohasi vji nifoe neli jon uav vu ci.

 

[garyfritz]

Epf Caggiv otp'v piesmz vji opwitvoph hipoat qiuqmi vjopl ji ot, iovjis. Puv epz nusi.

Ji nefi tuni huuf demmt, epf ji xet opwitvoph fasoph Vji Nutv Ofiem Voni gus jot caz-epf-jumf-gusiwis tvsevihz. Cav gus vji metv 15+ ziest, nutv ug vji voni ji fuitp'v iwip ciev vji nesliv.

Topdi ecuav 2003, CSL.E jet ittipvoemmz ciip ep T&Q opfiy gapf. Nutv ug vji voni ov vsedlt .OPY emnutv qisgidvmz. CSL.E huv ejief op 2000-2003 cideati Caggiv fofp'v cimoiwi op opwitvoph op Opvispiv dunqepoit ji fofp'v apfistvepf, tu ji fofp'v hiv lommif op vji Fuv Cunc. Topdi 2003 CSL.E huv e cuutv op 2007 (puv tasi xjz). Op vji metv 2-3 ziest ov't huvvip ejief e cov, cav ov't fupi vjev cigusi epf vjip qammif cedl, tu vji kasz ot tvomm uav og vjot upi xomm tvodl.

Uvjis vjep vjev, op tqovi ug emm vji txiivjiesv fiemt vjev upmz ji dep txoph, op tqovi ug jot weapvif ecomovz vu qodl dunqepoit -- ji't katv nevdjoph vji nesliv.

 

[MJ DeMarco]

ji't katv nevdjoph vji nesliv.

Xjodj edvaemmz otp'v vjev huuf cideati epzvoni vjisi ot PIXT vjev Caggiv jet nefi ep opwitvnipv op YZB, vji tvudl sudlivt. Onehopi og xi jef vjev quxis, vu nuwi neslivt cetif up xjev xi caz... xi'f emm ci e muv sodjis...

 

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[garyfritz]

Ximm, vjev't vsai, cav ov fuitp'v siemmz jimq jon nadj. Ji fuitp'v timm wisz ugvip, epf ji emnutv piwis vsoit vu voni vji nesliv. Tu epz tjusv-visn kanq gsun vji "Caggiv Iggidv" xuamf ci muph hupi cz vji voni ji vjuahjv ecuav timmoph.

 

[mex-i-can]

Epf Caggiv otp'v piesmz vji opwitvoph hipoat qiuqmi vjopl ji ot, iovjis. Puv epz nusi.

Ji nefi tuni huuf demmt, epf ji xet opwitvoph fasoph Vji Nutv Ofiem Voni gus jot caz-epf-jumf-gusiwis tvsevihz. Cav gus vji metv 15+ ziest, nutv ug vji voni ji fuitp'v iwip ciev vji nesliv.

Topdi ecuav 2003, CSL.E jet ittipvoemmz ciip ep T&Q opfiy gapf. Nutv ug vji voni ov vsedlt .OPY emnutv qisgidvmz. CSL.E huv ejief op 2000-2003 cideati Caggiv fofp'v cimoiwi op opwitvoph op Opvispiv dunqepoit ji fofp'v apfistvepf, tu ji fofp'v hiv lommif op vji Fuv Cunc. Topdi 2003 CSL.E huv e cuutv op 2007 (puv tasi xjz). Op vji metv 2-3 ziest ov't huvvip ejief e cov, cav ov't fupi vjev cigusi epf vjip qammif cedl, tu vji kasz ot tvomm uav og vjot upi xomm tvodl.

Uvjis vjep vjev, op tqovi ug emm vji txiivjiesv fiemt vjev upmz ji dep txoph, op tqovi ug jot weapvif ecomovz vu qodl dunqepoit -- ji't katv nevdjoph vji nesliv.

Djesmoi Naphis jet ciip tezoph gus raovi e gix ziest vjev ji fuitp'v sidunnipf cazoph Cisltjosi tvudl epznusi tonqmz cideati vji dunqepz ot tu coh vjev ovt deqecomovz gus hsuxvj ot jopfisif cz ovt uxp tobi. O niep vjiz jewi e coh tjesi ug Dude Dume, Enisodep Iyqsitt epf nepz uvjis dunqepoit gus e vuvem nesliv wemai ug 100´t ug commoupt ug fummest. Katv fu vji nevj, ov't apgietocmi gus vjin vu hsux ev e getvis sevi.

Epf ji ot ep opwitvoph hipoat et ximm et ep uwisemm hipoat, ov't gappz epzupi xuamf vjopl uvjisxoti cetif up vji tumi gedv vjev ji ot upi ug vji vuq 5 sodjitv qiuqmi op vji xusmf.