What did Warren Buffett teach Bill Gates?
Start early and stay focused. The earlier you can start investing, the better off you'll be. That's probably the most common piece of investing advice — and it's something that Buffett and Gates both stand by.
Gates has previously discussed the lessons he's learned from the 92-year-old Buffett, from investing to time management. He's consistently put Buffett's advice on friendship at the top of that list.
Gates often speaks fondly of Buffett, recalling on his blog GatesNotes, particularly when celebrating their 25 years of friendship in 2016, the unique and enduring bond they share.
Buffett follows the Benjamin Graham school of value investing which looks for securities with prices that are unjustifiably low based on their intrinsic worth. Buffett looks at companies as a whole rather than focusing on the supply-and-demand intricacies of the stock market.
A popular Gates citation is “It's fine to celebrate success, but it is more important to heed the lessons of failure.” Whether you're a famous investor or an average American, failure is not something to be ashamed of, but an opportunity to grow and innovate.
Buffett Promises Fortune to Gates Foundation Warren Buffett, the investment guru known as the Oracle of Omaha, now has another title: most generous philanthropist in history. Buffett has pledged to give away $37 billion, with most of it going to the Bill and Melinda Gates Foundation.
Bill Gates and Warren Buffett have been best friends for over 30 years. Initially, they weren't interested in meeting each other — but they hit it off right away.
| rank | name | Net Worth |
|---|---|---|
| 5 | Larry Ellison Oracle | $146.8 B $2.2 B | -1.46% |
| 6 | Warren Buffett Berkshire Hathaway | $131.2 B $464 M | 0.35% |
| 7 | Larry Page Google | $129.6 B $760 M | 0.59% |
| 8 | Bill Gates Microsoft | $128.7 B $116 M | -0.09% |
Both Warren Buffett and Charlie Munger were born and brought up in Omaha, Nebraska, and formed a friendship as adults in 1959 that was to last for decades. Charlie Munger, the longtime friend and business partner of investor Warren Buffett, died on Tuesday, November 28. He was 99.
Warren Buffett reportedly has an IQ of over 150 (anything past 140 is considered a genius), and while it has, no doubt, helped him become one of the world's richest men, the lesson here is to value emotional intelligence (EQ) just as highly.
What is Warren Buffett's number 1 rule?
Buffett is seen by some as the best stock-picker in history and his investment philosophies have influenced countless other investors. One of his most famous sayings is "Rule No. 1: Never lose money.
Graham is considered the "father of value investing," and his two books, Security Analysis and The Intelligent Investor, defined his investment philosophy, especially what it means to be a value investor. His most famous student is Warren Buffett, who is consistently ranked among the wealthiest persons in the world.
However, his resilience and investment acumen allowed him to recover, increasing his net worth to $67 million by age 47. In 1986, at age 56, Buffett's net worth had grown to the point where he became a billionaire.
Bill Gates' secret to success is optimism, says psychology expert—but don't confuse that with blind optimism. By Bill Gates' own admission, optimism is his "superpower." But don't confuse that with blind optimism.
Gates is known for his visionary leadership style. He encouraged innovation within Microsoft, fostering a culture that emphasized pushing the boundaries of technology. His hands-on approach and unwavering commitment to his vision inspired his team to achieve remarkable feats.
William Henry Gates III (born October 28, 1955) is an American businessman, investor, philanthropist, and writer best known for co-founding the software giant Microsoft, along with his childhood friend Paul Allen.
The son of Howard Homan Buffett, financier and politician, and Leila Buffett, his early life was marked by poverty resulting from the Financial Crash of 1929. Although it sounds like something that many children pursue, living in poverty for the first six years of his life made Warren's decision to become wealthy.
Buffett, 93, also doubled down on his pledge to donate roughly 99% of his nearly $120 billion fortune to charity, revealing that his children, who share his views on righting wealth inequalities through private philanthropy, will serve as executors of his will.
They first met when Bill Gates' mother asked him to meet Buffett at their vacation home in Washington state. Bill later said he didn't want to go at first, stating “He just buys and sells pieces of paper, theres no real value added. I don't think we'd have that much in common.”
A history of the decades-long feud between Steve Jobs and Bill Gates, whose love-hate relationship spurred the success of Microsoft and Apple. Microsoft's Bill Gates and Apple's Steve Jobs never quite saw eye-to-eye.
Who does Bill Gates love?
Meet Bill Gates' girlfriend, Paula Hurd.
As of today, no billionaire is within striking distance of becoming a trillionaire. Elon Musk is, at present, the world's richest person, with a net worth of $206 billion, while Jeff Bezos is in the number two position with $179 billion, according to Bloomberg.
The financial news outlet said she is the first artist to achieve billionaire status solely on the basis of her music, and estimated she has a $1.1 billion fortune.
A 19-year-old Brazilian student, Livia Voigt, claims the title of the world's youngest billionaire, surpassing Italian teen Clemente Del Vecchio.
Warren Buffett does have a body guard since he is not your average billionaire, he is also a celebrity. I would think that his bodyguard, Dan Clark, mostly keeps fans and groupies at the Berkshire meeting or elsewhere in check as opposed to kidnappers or something.
