Warren Buffett Turns 94 In the present day. Right here is Some Enduring Knowledge From the Legend

‘Mrs. B – Rose Blumkin – had her one hundredth birthday on December 3, 1993. The candles value greater than the cake.’   These had been phrases penned by the Oracle of Omaha within the annual letter to shareholders printed within the 12 months 1994, whereas referring to the founder/supervisor of one of many Berkshire … Read more

Warren Buffett and the Regulation of Growing Marginal Utility

The regulation of diminishing marginal utility states that the marginal utility of a services or products declines as extra of it’s consumed by the person. Nevertheless, there are uncommon exceptions to this regulation. Listening to/studying and processing the investing knowledge shared by the ‘Oracle of Omaha’ is one such exception, and leads to what may … Read more