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Warren Buffett Said An Unusual Amount Of People Look At Berkshire Stock As A Savings Account, Here Is What The Oracle Of Omaha Recommends Investing Novices Do

Benzinga ·  Dec 13, 2024 03:34

Warren Buffett, CEO ofBerkshire Hathaway Inc., has long been revered as one of the most successful investors in history. He currently has a net worth of $143 billion, according to the Bloomberg Billionaire Index, making him number 10 on the list.

The investing legend, who turned 94 in August, once shared that with "Berkshire we have an unusual number of people as shareholders who just look at Berkshire they look at as their savings account."

"They put some money in 20 or 30 or 40 years ago, we retain it and reinvest for them, but we're their savings account," he stated, adding, "And that...

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