Sunday, July 31, 2011

Term of the Day - Warren Buffett

The Chairman of Berkshire Hathaway, and arguably the greatest stock market investor of all time. An investor who chose to invest $10,000 in Berkshire Hathaway when Buffett took over in 1965 would have more than $20 million today. His forte is in identifyingundervalued companies, and he is well-known for taking a very long-term positions in companies he identifies as being good investment prospects. Buffett provides strongevidence that it is possible to consistently outperform the market.

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