20 Warren Buffett Facts that You Might Not Know

Below are 20 facts that very few people know about the head of Berkshire Hathaway, Warren Buffett. The father of Warren Buffett was a Republican congressman. Warren Buffett is of Huguenot descent. When Warren Buffett was 11 years old, the first stock that he purchased was three shares of Cities Service Preferred. At 14 years …

Continue reading ‘20 Warren Buffett Facts that You Might Not Know’ »

4 Reasons Why Wells Fargo is a Buffett Favorite

Historically speaking, Buffett and Munger’s holding company Berkshire Hathaway have consistently beaten the market, a very rare feat indeed. Since 1985, Berkshire Hathaway’s per-share book value has increased faster than the S&P 500 during every five years. The company boasts a compounded annual gain of 19.7% per year, compared to the market’s 9.4%, including dividends. …

Continue reading ‘4 Reasons Why Wells Fargo is a Buffett Favorite’ »