One of the most famous maxims of the investment guru Warren Buffett is "to be fearful when others are greedy and to be greedy when others are fearful" – in other words, buy low, sell high and don't follow the crowd. The reason it works for him is that most investors don't follow his words of wisdom.
The billionaires have donated a significant amount of their net worth to charity
Warren Buffett spent most of 2013 amassing fortunes of over £23million a day through investments into food manufacturing giants like Heinz
That’s a mouthful, what do his friends call him?
Warren Buffett orders that paint company boss must be canned for taking staff to Bermuda
A recent survey conducted among Motley Fool users ahead of the Facebook listing revealed that investors with less than one year's investing experience were twice as likely to invest in the flotation of Facebook as investors with more than 20 years of know-how under their belt.
The reason forecasting is so often an abject failure is both familiar and predictable
The man who pays his way
The top of the list of US billionaires is still dominated by dynastic wealth, according to the latest annual survey by Forbes magazine, while 272 of the 400 richest Americans are self-made.
More than 30 US billionaires pledged today to give away at least 50 per cent of their wealth to charity as part of a campaign by investor Warren Buffett and Microsoft founder Bill Gates.
When the super-investor, Warren Buffett, gave a chunk of his fortune to his son, Howard, there was one proviso: it had to be spent on charitable projects. Paola Totaro goes on the road with the billionaire philanthropist
It was synonymous with ineffectual liberalism and fiscal chaos. Now, thanks to Warren Buffett, everyone's talking about it
Henry Stewart, the founder of the London-based IT training company Happy Computers, had twin inspirations when setting up his business nearly 20 years ago. The first was that his experience at the short-lived newspaper News on Sunday showed him how not to run a business. “It was a great idea, a radical tabloid with a serious news agenda, but it was the most appallingly run organisation,” he has said. “It taught me |the importance of management skills.”
Richest philanthropists join forces to help charities struggling through recession
The global rich list just got shorter. Billionaires are an endangered species after the crunch cost them $2trillion, Stephen Foley reports
Stocks plunge, banks implode, currencies teeter...Amid the wreckage of the world financial system, only one man stands tall. So what's Warren Buffett's secret? Sally Ann Lasson finds the answer in his incredible life story