When Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) CEO Warren Buffett makes a move, Wall Street and retail investors pay close attention. That’s the sort of respect Buffett has earned after transforming $10,000 in seed capital in the mid-1950s into a net worth of more than $89 billion today.
Buffett has built up his own net worth, as well as created more than $400 billion in value for Berkshire Hathaway’s shareholders, two ways. First, his company has acquired more than five dozen businesses in a variety of sectors and industries, all of which contribute to Berkshire’s top and bottom lines. Secondly, the Oracle of Omaha, as Buffett has come to be known, and a small number of his team are responsible for investing Berkshire Hathaway’s money into a portfolio of