Warren Buffett Turns 94 Today. 5 Life Lessons From the Oracle of Omaha
Born on Aug. 30, 1930, Warren Buffett's got 94 years' worth of life experience -- and 83 years worth of investment experience, given the "Oracle of Omaha" bought his first stock aged 11, according to biographer Roger Lowenstein.Buffett, one of the world's most accomplished investors, is most known for making hundreds of billions of dollars buying shares in what he believes to be undervalued companies, and holding them for a long time. His investment company Berkshire Hathaway, which he took control over in 1965, became only the ninth company in history to close at a market valuation above $1 trillion on Wednesday.When Buffett bought the stock in the 1960s, it traded at around $8 a share. As of July this year, its Class A shares -- which have never undergone a stock split -- traded at more than $620,000 a piece.Berkshire has made several blunders in recent years -- it ditched its entire stake in General Motors in late 2023 to call time on a disappointing investment, and appeared to have