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Added on the 02/08/2016 17:48:11 - Copyright : RT Ruptly EN
The great Warren Buffett is a skilled investor who is studied, analyzed, and imitated by many. But according to Business Insider, most people already have what Buffett has used to generate his immense wealth. In Morgan Housel's new book 'The Psychology of Money,' Housel argues that the 'secret' is simply how long Buffett's been investing. In other words, time. When measured by average returns, Buffett isn't the greatest investor of all time — but he's had time and patience on his side. In fact, Buffett admitted this himself in an interview with motivational coach Tony Robbins, who asked Buffett how he got so rich. Three things: Living in America for the great opportunities, having good genes so I lived a long time, and compound interest. Warren Buffett Founder, Berkshire Hathaway
Warren Buffett has a history of endorsing candidates for President. He's endorsed Barack Obama and Hillary Clinton. Yet, Business Insider reports that Buffett has not endorsed Joe Biden. The billionaire investor and Berkshire Hathaway CEO has defended his right to take a political stance. He may be worried about angry customers, or disgruntled employees, if he takes a side in this election. "You have to be careful about when you do speak because it's going to be assumed you're speaking on behalf of your company," he said during last year's annual meeting.
Attending a campaign rally with Democratic presidential nominee Hillary Clinton in Omaha, investor Warren Buffett challenges Republican presidential nominee Donald Trump to exchange tax returns and answer questions. Rough Cut (no reporter narration).
Former US President Donald Trump's daughter Ivanka Trump arrives at a New York court to testify in her father's civil fraud case threatening his real estate empire. IMAGES
Donald Trump Jr. arrives at New York City courtroom for civil fraud trial as New York's attorney general Letitia James has accused former US President Donald Trump, his sons Eric and Don Jr and other executives of colossally inflating the value of their real estate assets in order to receive more favorable bank loans and insurance terms. IMAGES