Investopedia: How Warren Buffett Minimizes Investment Losses and Protects Money for the Long Term
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Warren Edward Buffett is an American investor and philanthropist who is the chairman and former CEO of the conglomerate Berkshire Hathaway. As a result of his success, Buffett is one of the best-known investors in the world. According to Forbes, as of January 2026, Buffett's estimated net worth stood at US$148.9 billion, making him the ninth-richest person in the world.
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business · American investor and philanthropist (born 1930) · investor · entrepreneur · shareholder · financier · economist · broker-dealer · chief executive officer · also Warren Buffett, Warren Edward Buffett, Buffett
Born 30 August 1930 · Q47213
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Investopedia: How Warren Buffett Minimizes Investment Losses and Protects Money for the Long Term
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“If it was a choice today between Plan A, which is what we”
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“s ability to retain corporate clients and said,”
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Snopes rated the claim “Billionaire investor Warren Buffett criticized U.S. President Donald Trump and warned of martial law while on a studio television broadcast in May 2026.” False.
Shown as reported and rated by a fact checker, not as an established fact.
Lead Stories rated the claim “Warren Buffett, Bill Gates and Marc Cuban were caught by DOGE auditor Joe Barron for receiving $250 in quarterly payments from Biden's Treasury Department to the tune of $4 billion in total” Trolling.
Shown as reported and rated by a fact checker, not as an established fact.
Snopes rated the claim “A Department of Government Efficiency investigation found billionaires Mark Cuban, Bill Gates and Warren Buffett participated in a "pay-for-play scandal" with former President Joe Biden's Treasury Department.” Labeled Satire.
Shown as reported and rated by a fact checker, not as an established fact.
The company announced the appointment of Abel as president and CEO, effective January 1, 2026, with Buffett remaining chairman
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Buffett requested that the board appoint Greg Abel to succeed him as CEO of the company by the end of the year
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Snopes.com rated the claim “Warren Buffett acquired Tesla for $1 trillion in April 2025.” False.
Shown as reported and rated by a fact checker, not as an established fact.
Lead Stories rated the claim “Warren Buffett President Trump making best decisions in 50 years” No Proof.
Shown as reported and rated by a fact checker, not as an established fact.
Snopes.com rated the claim “Warren Buffett has given more than $500 million to Ukraine.” False.
Shown as reported and rated by a fact checker, not as an established fact.
Snopes rated the claim “Warren Buffett has given more than $500 million to Ukraine.” False.
Shown as reported and rated by a fact checker, not as an established fact.
He sold it for $7.5 million (equivalent to $9,616,022 in 2025) in 2018.
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Snopes rated the claim “Multi-Billionaire Warren Buffett said, "There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning."” Correct Attribution.
Shown as reported and rated by a fact checker, not as an established fact.
Snopes.com rated the claim “Multi-Billionaire Warren Buffett said, "There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning."” Correct Attribution.
Shown as reported and rated by a fact checker, not as an established fact.
Snopes rated the claim “In May 2024, U.S. billionaire investor Warren Buffett said, "If you don’t like paying taxes, make billionaires pay their fair share and you would never have to pay taxes again."” Incorrect Attribution.
Shown as reported and rated by a fact checker, not as an established fact.
Fact Crescendo Sri Lanka rated the claim “Warren Buffett Promoting Bitcoin Websites !!(Video)” False.
Shown as reported and rated by a fact checker, not as an established fact.
Snopes rated the claim “A March 19, 2023, tweet displayed a photograph of "private jets" owned by bank CEOs who had flown to Omaha, Nebraska, "to get bought out by Warren Buffett."” Labeled Satire.
Shown as reported and rated by a fact checker, not as an established fact.
Reported net worth: $117.2B (as of 2023).
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BOOM Fact Check rated the claim “Warren Buffett Earns $1500 crore from Google annually” False.
Shown as reported and rated by a fact checker, not as an established fact.
“I have not emotionally or legally adopted you as a grandchild, nor have the rest of my family adopted you as a niece or a cousin”
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By 2022, she and Buffett had reconciled.
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“Warren Buffett, Reunião Anual de Acionistas da Berkshire Hathaway, 2020”
“2020 Berkshire Hathaway Annual Meeting”
PolitiFact rated the claim “Warren Buffett asked people to forward a chain email about the "Congressional Reform Act of 2019."” Pants on Fire.
Shown as reported and rated by a fact checker, not as an established fact.
PolitiFact rated the claim “Says Warren Buffett has publicly said his secretary "should not be paying a higher tax rate" than him.” True.
Shown as reported and rated by a fact checker, not as an established fact.
PolitiFact rated the claim “"Many of (Hillary Clinton's) friends took bigger deductions (than me). Warren Buffett took a massive deduction. (George) Soros, who is a friend of hers, took a massive deduction."” Mostly False.
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Berkshire Hathaway was fined $896,000 (equivalent to $1,218,555 in 2025) for failing to report as required the December 9, 2013, purchase of shares in USG Corporation
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The price of Berkshire Hathaway's shares hit $200,000 a share (equivalent to $271,999 in 2025) for the first time, capitalizing the company at $328 billion (equivalent to $446,078,155,749 in 2025)
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That the Press of Atlantic City would be sold to Buffett's BH Media Group by ABARTA, a private holding company based in Pittsburgh, U
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“great—as if I were in my normal excellent health—and my energy level is 100 percent”
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Won Presidential Medal of Freedom presented by Barack Obama (2011).
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Won Presidential Medal of Freedom (2011).
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Goldman Sachs was given Federal Reserve approval to buy back Berkshire's preferred stock in Goldman
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“„Es herrscht Klassenkrieg, richtig, aber es ist meine Klasse, die Klasse der Reichen, die Krieg führt, und wir gewinnen" - zitiert bei Jutta Ditfurth. Zeit des Zorns. nrhz.de/flyer 29. Juli 2011”
“Warren Buffett como citado in: numa entrevista do Washington Post, 29 de setembro de 2011.”
“("My friends and I have been coddled long enough by a billionaire-friendly Congress. It’s time for our government to get serious about shared sacrifice." - Stop Coddling the Super-Rich, by Warren E. Buffett, New York Times 14. August 2011)”
“„Meine Freunde und ich sind lange genug von einem milliardärfreundlichen Kongress verhätschelt worden. Es ist Zeit, dass unsere Regierung Ernst damit macht, allen gemeinsame Opfer abzuverlangen." - DER SPIEGEL 34/2011 22. August 2011]”
With Bill Gates and Melinda French Gates, whereby billionaires pledge to give away at least half of their fortunes
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“„Es herrscht Klassenkampf, meine Klasse gewinnt, aber das sollte sie nicht“ - Zitiert bei Rosemarie Schwaiger. Warren Buffett: Das nette Gesicht des Kapitalismus. Die Presse 28. August 2010”
Buffett acquired Burlington Northern Santa Fe Corp
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Gates regained the top position on the Forbes list, with Buffett shifted to second place
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“fallen off a cliff ... Not only has the economy slowed down a lot, but people have really changed their habits like I haven”
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Buffett divested his failed investment in ConocoPhillips
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Berkshire Hathaway acquired 10 percent of perpetual preferred stock of Goldman Sachs
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Buffett became the richest person in the world, garnering a total net worth estimated at $62 billion (equivalent to $92,712,519,320 in 2025) by Forbes and at $58 billion (equivalent to $86,731,066,461 in 2025) by Yahoo,
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In a letter to shareholders, Buffett announced that he was looking for a younger successor, or perhaps successors, to run his investment business
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“when trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized profits, not the clients”
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Buffett made a bet with numerous managers that a simple S&P 500 index fund will outperform hedge funds that charge exorbitant fees
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That he had allocated capital too early resulting in suboptimal deals
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Buffett disowned his son Peter's adopted daughter, Nicole, in 2006 after she participated in the Jamie Johnson documentary The One Percent about the growing economic inequality between the wealthy and the average citizen in the United States.
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“(Original engl.: ”There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” - im Interview mit Ben Stein in New York Times, 26. November 2006)”
“Para Barack Obama, citado em The Audacity of Hope: Thoughts on Reclaiming the American Dream (2006), cap. 5”
“Para Barack Obama, conforme citado em The Audacity of Hope: Thoughts on Reclaiming the American Dream (2006), Cap. 5”
In 2006, on his 76th birthday, Buffett married his longtime companion, Astrid Menks, who was then 60 years old—she had lived with him since his wife's departure to San Francisco in 1977.
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His 2006 annual salary was about $100,000 (equivalent to $159,706 in 2025), which is small compared to senior executive remuneration in comparable companies.
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In 2006, he sponsored a bridge match for the Buffett Cup.
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The AIG board forced Greenberg to resign from his post as chairman and CEO after New York state regulators claimed that AIG had engaged in questionable transactions and improper accounting
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“(Original engl.: „It's class warfare, my class is winning, but they shouldn't be." - Interview mit Lou Dobbs, CNN, 19. Juni 2005, cnn.com)”
“dans une interview de CNN, le 19 juin 2005, cité par le New York Times, le 26 novembre 2006”
“„Wenn in Amerika ein Klassenkampf tobt, ist meine Klasse dabei, ihn zu gewinnen.“ - Zitiert bei Mika Hoffmann, Ferdinand Bertram und Oliver Janich. Warren Buffett - Milliarden-Macher. Focus-Money online 25.03.2004”
“(Original engl.: "If class warfare is being waged in America, my class is clearly winning." - Jahresbrief an die Investoren seines Fonds "Berkshire Hathaway", 2003, S. 7 berkshirehathaway.com)”
Buffett entered in $11 billion (equivalent to $19,690,101,758 in 2025) worth of forward contracts to deliver U
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“The line separating investment and speculation [...] is never bright and clear. (dalla lettera agli azionisti, 2000)”
Buffett sold the jet prior to mid-1999 and has since usually flown with Berkshire's flight services businesses.
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“1999 Berkshire Hathaway Annual Meeting, as quoted in The Tao of Warren Buffett by Mary Buffett and David Clark p. 145”
Peaked at $86 (equivalent to $170 in 2025), raised questions
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Buffett acquired General Re (Gen Re) as a subsidiary in a deal that presented difficulties – according to the Rational Walk investment website, "underwriting standards proved to be inadequate", while a "problematic deriv
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“dans ses Lettres annuelles aux actionnaires de Berkshire Hathaway en 1994.”
“Statement of January 1991, as quoted in Of Permanent Value: The Story of Warren Buffett (2007) by Andrew Kilpatrick”
A scandal involving John Gutfreund (former CEO of Salomon Brothers) surfaced
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In 1989, after spending nearly $6.7 million (equivalent to $17,402,013 in 2025) of Berkshire's funds on a private jet, Buffett named it "The Indefensible", later renamed "The Indispensable".
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Buffett began buying The Coca-Cola Company stock, eventually purchasing up to 7% of the company for $1
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Berkshire Hathaway purchased a 12% stake in Salomon Inc
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Surprising the media industry, as ABC was four times bigger than Capital Cities at the time
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The last of the mills that had been the core business of Berkshire Hathaway was sold
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Fellow investor and long-time business associate Charlie Munger joined Buffett as vice-chairman
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Berkshire indirectly purchased the Buffalo Evening News for $32
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“On being dispassionate and patient in investments, in an interview in Forbes magazine (1 November 1974); he is contrasting soft-drinks to intoxicating beverages in this example; Buffett eventually became a major investor in Coca-Cola.”
The SEC opened a formal investigation into Buffett and Berkshire's acquisition of Wesco Financial, due to possible conflict of interest
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Berkshire began to acquire stock in the Washington Post Company
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He also owned a vacation home in Laguna Beach, California, which he purchased for $150,000 in 1971 (equivalent to $1,192,482 in 2025).
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“Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.”
“I could end the deficit in five minutes. You just pass a law that says that any time there's a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.”
“You want to be greedy when others are fearful. You want to be fearful when others are greedy. It's that simple. ... They're pretty fearful. In fact, in my adult lifetime, I don't think I've ever seen people as fearful economically as they are right now.”
“People will always try to stop you doing the right thing if it is unconventional.”
“You couldn't advance in a finance department in this country unless you taught that the world was flat.”
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.”
“It's class warfare. My class is winning, but they shouldn't be.”
Career landmark: chief executive officer (1970).
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“Success in investing doesn't correlate with I.Q. once you're above the level of 125. Once you have ordinary intelligence, what you need is the temperament to control the urges that get other people into trouble in investing.”
“When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.”
“Wall Street is the only place that people ride to work in a Rolls Royce to get advice from those who take the subway.”
“Someone's sitting in the shade today because someone planted a tree a long time ago.”
“I like thinking big. I always have. To me it's very simple: if you're going to be thinking anyway, you might as well think big.”
“I'll tell you why I like the cigarette business. ... It costs a penny to make. Sell it for a dollar. It's addictive. And there's fantastic brand loyalty.”
“Se você não conhece a jóia, conheça o joalheiro.”
“I call investing the greatest business in the world ... because you never have to swing. You stand at the plate, the pitcher throws you General Motors at 47! U.S. Steel at 39! and nobody calls a strike on you. There's no penalty except opportunity lost. All day you wait for the pitch you like; then when the fielders are asleep, you step up and hit it.”
“In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending.”
“Love is the greatest advantage a parent can give.”
“There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning.”
Buffet became the chairman of Berkshire Hathaway's board of directors and wrote the first of his annual letter to shareholders
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“Can you really explain to a fish what it's like to walk on land? One day on land is worth a thousand years of talking about it, and one day running a business has exactly the same kind of value.”
Buffett liquidated the partnership and transferred their assets to his partners including shares of Berkshire Hathaway
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When he purchased the Omaha Sun from Stanford Lipsey in 1969, Buffett volunteered to become the first non-Jewish member of Omaha's Highland Club, to set an example of nondiscrimination.
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Berkshire paid out its first and only dividend of 10 cents
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Buffett closed the partnership to new money
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When Buffett's partnerships began purchasing Berkshire aggressively, they paid $14
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Buffett became a millionaire with the success of his partnerships, which by then had grown to 11 entities and held nearly $7
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Buffett revealed that 35% of the partnership's assets were invested in the Sanborn Map Company
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In 1958, Buffett purchased a five-bedroom stucco house in Omaha, where he still lives, for US$31,500 (equivalent to $351,514 in 2025).
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(equivalent to $502 in 2025), but the company's investment portfolio was worth $65 per share (equivalent to $725 in 2025)
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Buffett operated three investment partnerships
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And his investment firm eventually acquired textile manufacturer Berkshire Hathaway, applying its name to a diversified holding company
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Benjamin Graham retired and closed his partnership
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Buffett accepted a job at Benjamin Graham's partnership
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She was followed by Howard (b. 1954) and Peter (b. 1958).
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In 1952, Buffett married Susan at Dundee Presbyterian Church.
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Studied at Columbia Business School, Master of Science (1951).
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Buffett discovered that Graham was on the board of GEICO insurance
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Studied at University of Nebraska–Lincoln, Bachelor of Science (1950).
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Buffett developed a crush on a young woman whose boyfriend had a ukulele
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In 1949, Buffett developed a crush on a young woman whose boyfriend had a ukulele.
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Buffett matriculated at the Wharton School of the University of Pennsylvania
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Studied at The Wharton School (1947).
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Sold the business to a war veteran for $1,200 (equivalent to $17,303 in 2025)
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Where his senior yearbook picture reads: "likes math; a future stockbroker"
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Before graduating from the University of Nebraska in Lincoln at 20
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Studied at Jackson-Reed High School (1947).
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As a high school sophomore, Buffett and a friend spent $25 (equivalent to $447 in 2025) to purchase a used pinball machine, which they placed in the local barber shop
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Buffett took a $35 deduction (equivalent to $640 in 2025) for the use of his bicycle and watch on his paper route
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His father was elected to the first of four terms in the United States Congress, and after moving with his family to Washington, D
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Born 1930-08-30.
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In Omaha, Nebraska, as the second of three children and the only son of Congressman Howard Buffett and his wife, Leila (née Stahl) Buffett
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“PBS Newshour (27 June 2017) Confidence comes back one at a time, but fear, is instantaneous. Interview with Tae Kim, CNBC, (12 September 2018) In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending. Quoted in Warren Buffett Predicts ‘Bad Ending’ for Bitcoin — Is It a Doomed Investment? (2018) === Berkshire Hathaway 2025 Shareholder meeting (3 May 2025) === Video:”
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“If you were to pick one time to be born and one place to be born, and you didn’t know what your sex was going to be, you didn’t know what your intelligence would be, you didn’t know what your special talents or special deficiencies would be, that if you could do that one time, you would not pick 1720, you would not pick 1820, you would not pick 1920. You’d pick today, and you would pick America.”
“Se você tivesse que escolher uma época para nascer e um lugar para nascer, e não soubesse qual seria seu sexo, não soubesse qual seria sua inteligência, não soubesse quais seriam seus talentos especiais ou deficiências especiais, se pudesse fazer isso uma vez, não escolheria 1720, não escolheria 1820, não escolheria 1920. Você escolheria hoje e escolheria a América.”
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