Reblog: How to Build a Warren Buffett Portfolio
Warren Buffett is recognized as the greatest investor of all-time because of his discipline and conservative approach to investing.
Instead of focusing on the short term, Warren Buffett focuses on the long term.He also has a low appetite for risk, buying companies that active traders would find boring beyond all belief.
Buffett once described his investment style as, “I’m 85% Benjamin Graham.” (Benjamin Graham is known as the godfather of value investing. His book, The Intelligent Investor, is respected as a classic on Wall Street.)
Just look at Warren Buffett’s company Berkshire Hathaway’s (BRKA) stock price appreciation over the past 20 years. And yes, you are reading that correctly, the stock currently trades for over $260,000… per share.
Berkshire currently holds a market cap of approximately $430 billion, making Warren Buffett the third richest person on the planet.