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Warren Buffet Biography

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I still spend five or six hours a day reading.

He spends as much as 80 percent of his day reading.

Warren Edward Buffett (born August 30, 1930) is an American investor, business tycoon, and philanthropist, who is the chairman and CEO of Berkshire Hathaway. He is noted for his adherence to value investing and for his personal frugality despite his immense wealth.

Warren Buffet has been the chairman and largest shareholder of Berkshire Hathaway since 1970. His business exploits have had him referred to as “Oracle” or “Sage” of Omaha by global media outlets. He is considered to be one of the most successful investors in the world.

  • Warren starts every morning by poring over several newspapers and estimates he spends as much as 80 percent of his day reading.
  • Read 500 pages like this every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.
  • I read and think, So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.

Don’t sleepwalk through life. Don’t say it’s all going to be great. I’ll do this and I’ll do that, I’m just marking time until I get to be older. That’s like saving up sex for your old age. It is not a good idea.