Warren Buffet

Warren Buffett is an American business magnate, investor, and philanthropist. He is widely considered one of the most successful investors of the 20th century. He has been the Chairman and CEO at Berkshire Hathaway Inc., since 1970. Berkshire Hathaway is a publicly traded holding company and operates a broad collection of businesses including insurance (Geico), manufacturing (Clayton Homes), energy (MidAmerican Energy, Lubrizol) and service (NetJets). It also owns stakes in Coca-Cola, American Express, Procter & Gamble and Wells Fargo. Prior to running Berkshire Hathaway, Buffett was CEO and interim Chairman at Salomon Brothers. Among his other numerous positions, he is a Director of The Gillette Company. He is also a Trustee of Bill & Melinda Gates Foundation. Forbes named Buffett one of the world's most powerful men. Buffett holds a M.S. in Economics from Columbia University and studied at Wharton School of Finance, University of Pennsylvania.

PIMCO's Gross sees major challenges for 'total return' era

NEW YORK, April 3 (Reuters) - Bill Gross, manager of the world's largest bond fund, said on Wednesday that the Federal Reserve's aggressive monetary policies may have changed the landscape so greatly that investors like himself and Warren Buffett may face radically new challenges in trying to maintain their track records.

Source: uk.reuters.com | Date: 3rd April 2013 Read more