12
WARREN BUFFET CEO OF BERKSHIRE HATH WARREN BUFFET CEO OF BERKSHIRE HATH AWAY AWAY Presentation made by Presentation made by Mohd. Irfan Rizvi Mohd. Irfan Rizvi PG-Div-A PG-Div-A Roll no.52 Roll no.52

39513635 Ppt Warren Buffet by Mohd Irfan Rizvi

Embed Size (px)

Citation preview

Page 1: 39513635 Ppt Warren Buffet by Mohd Irfan Rizvi

WARREN BUFFET CEO OF BERKSHIRE HATWARREN BUFFET CEO OF BERKSHIRE HATHAWAYHAWAY

Presentation made byPresentation made byMohd. Irfan RizviMohd. Irfan Rizvi

PG-Div-A PG-Div-ARoll no.52 Roll no.52

Page 2: 39513635 Ppt Warren Buffet by Mohd Irfan Rizvi

WARREN BUFFET CEO OF BERKSHIRE HATWARREN BUFFET CEO OF BERKSHIRE HATHAWAYHAWAY

Warren Edward BuffetWarren Edward Buffet

An American investor, industrialist, and An American investor, industrialist, and philanthropist.philanthropist.

Legendary Investor Warren Buffet.Legendary Investor Warren Buffet.

Well known Investment Philosopher. Well known Investment Philosopher.

““Oracle of Omaha” or “The Sage of Omaha”Oracle of Omaha” or “The Sage of Omaha”

Do philanthropic work via Gates Foundation.Do philanthropic work via Gates Foundation.

Page 3: 39513635 Ppt Warren Buffet by Mohd Irfan Rizvi

WARREN BUFFET CEO OF BERKSHIRE HATWARREN BUFFET CEO OF BERKSHIRE HATHAWAYHAWAY

Personal LifePersonal LifeBorn on 30Born on 30thth of August 1930 (80 years) of August 1930 (80 years)

Studied from University of Pennsylvania, Studied from University of Pennsylvania, University of Nebraska-Lincoln Columbia University of Nebraska-Lincoln Columbia UniversityUniversity

Married to Susan Buffet (1952-2004) and Astrid Married to Susan Buffet (1952-2004) and Astrid Menks in 2006Menks in 2006

Three children named Susan Alice Buffet, Howard Three children named Susan Alice Buffet, Howard Graham Buffet, Peter Andrew BuffetGraham Buffet, Peter Andrew Buffet

Chairman and CEO of Berkshire HathawayChairman and CEO of Berkshire Hathaway

Page 4: 39513635 Ppt Warren Buffet by Mohd Irfan Rizvi

WARREN BUFFET CEO OF BERKSHIRE HATWARREN BUFFET CEO OF BERKSHIRE HATHAWAYHAWAY

Berkshire HathawayBerkshire HathawayIt is a conglomerate holding company It is a conglomerate holding company headquartered in Omaha, Nebraska, USA.headquartered in Omaha, Nebraska, USA.

It was founded in 1839 as Valley Falls Company.It was founded in 1839 as Valley Falls Company.

It has changed from a Textile company to a It has changed from a Textile company to a diversified range of products. diversified range of products.

It holds a diverse range of products including It holds a diverse range of products including utilities and energy group, manufacturing, utilities and energy group, manufacturing, retailing and service, building products, flight retailing and service, building products, flight services, finance and financial products, bonds, services, finance and financial products, bonds, investments etc.investments etc.

Page 5: 39513635 Ppt Warren Buffet by Mohd Irfan Rizvi

WARREN BUFFET CEO OF BERKSHIRE HATWARREN BUFFET CEO OF BERKSHIRE HATHAWAYHAWAY

Significant minority holdingsSignificant minority holdings

American Express’s 13.1% of acquisition in 2005American Express’s 13.1% of acquisition in 2005

M&T Bank’s 15.9% of common stocksM&T Bank’s 15.9% of common stocks

Anheuser Busch’s 9.8% of acquisition in 2005Anheuser Busch’s 9.8% of acquisition in 2005

The Coca Cola Company’s 8.64% in 2009The Coca Cola Company’s 8.64% in 2009

The Washington Post Company’s 18.1% in 2004The Washington Post Company’s 18.1% in 2004

Page 6: 39513635 Ppt Warren Buffet by Mohd Irfan Rizvi

WARREN BUFFET CEO OF BERKSHIRE HATWARREN BUFFET CEO OF BERKSHIRE HATHAWAYHAWAY

Tips and advice Tips and advice Beware of companies displaying weak accounting.Beware of companies displaying weak accounting.

Unintelligible footnotes usually indicate untrustworthy Unintelligible footnotes usually indicate untrustworthy management.management.

Be suspicious of companies that trumpet earnings Be suspicious of companies that trumpet earnings projections and growth expectations.projections and growth expectations.

Suspect those CEOs who regularly claim they do know Suspect those CEOs who regularly claim they do know the future –and we become downright incredulous if the future –and we become downright incredulous if they consistently reach their declared targets.they consistently reach their declared targets.

Managers that always promise to “make the numbers” Managers that always promise to “make the numbers” will at some point be tempted to make up the will at some point be tempted to make up the numbers. numbers.

Page 7: 39513635 Ppt Warren Buffet by Mohd Irfan Rizvi

WARREN BUFFET CEO OF BERKSHIRE HATWARREN BUFFET CEO OF BERKSHIRE HATHAWAYHAWAY

CareerCareer(1951-54) Buffet Falk & co. as an investment (1951-54) Buffet Falk & co. as an investment salesmansalesman

(1954-56) Graham Newman Corp. as a security (1954-56) Graham Newman Corp. as a security analystanalyst

(1956-69) Buffet Partnership ltd. as a general partner(1956-69) Buffet Partnership ltd. as a general partner

(1970-present) Berkshire hathaway as a chairman and (1970-present) Berkshire hathaway as a chairman and CEOCEO

Page 8: 39513635 Ppt Warren Buffet by Mohd Irfan Rizvi

WARREN BUFFET CEO OF BERKSHIRE HATWARREN BUFFET CEO OF BERKSHIRE HATHAWAYHAWAY

Philanthropy Philanthropy In June 2006 he announced a plan to give away his In June 2006 he announced a plan to give away his fortune to charity with 83% of it to gates foundation fortune to charity with 83% of it to gates foundation which was approx. 30.7 billion.which was approx. 30.7 billion.

In 2009 this amount increase by 5%.In 2009 this amount increase by 5%.

Buffett once commented, "I want to give my kids just Buffett once commented, "I want to give my kids just enough so that they would feel that they could do enough so that they would feel that they could do anything, but not so much that they would feel like anything, but not so much that they would feel like doing nothing".doing nothing".

Buffet also announced that after his and his wife’s Buffet also announced that after his and his wife’s death, all his wealth goes to charity. death, all his wealth goes to charity.

Page 9: 39513635 Ppt Warren Buffet by Mohd Irfan Rizvi

WARREN BUFFET CEO OF BERKSHIRE HATWARREN BUFFET CEO OF BERKSHIRE HATHAWAYHAWAY

PoliticsPolitics

Buffet was a Finance advisor to California Buffet was a Finance advisor to California Republic Governor Arnold Schwarzenegger during Republic Governor Arnold Schwarzenegger during his 2003 election campaignhis 2003 election campaign

In 2008 Buffet formally endorsed and made In 2008 Buffet formally endorsed and made campaign contribution to Barrack Obama’s campaign contribution to Barrack Obama’s presidential campaignpresidential campaign

Fund raiser of Obama’s campaign in ChicagoFund raiser of Obama’s campaign in Chicago

Page 10: 39513635 Ppt Warren Buffet by Mohd Irfan Rizvi

WARREN BUFFET CEO OF BERKSHIRE HATWARREN BUFFET CEO OF BERKSHIRE HATHAWAYHAWAY

RecognitionRecognition1999 Buffet was the top money manager of the 1999 Buffet was the top money manager of the twentieth century in the survey by Carson Group twentieth century in the survey by Carson Group

WealthWealth2008 Richest person in the world by Forbes with 2008 Richest person in the world by Forbes with an estimated value of $62 billionan estimated value of $62 billion

2009 second richest person in the world after Bill 2009 second richest person in the world after Bill Gates with the net worth of $47 billionGates with the net worth of $47 billion

Page 11: 39513635 Ppt Warren Buffet by Mohd Irfan Rizvi

WARREN BUFFET CEO OF BERKSHIRE HATWARREN BUFFET CEO OF BERKSHIRE HATHAWAYHAWAY

Books on BuffetBooks on Buffet

Buffet, Making of an American Capitalist – Roger Buffet, Making of an American Capitalist – Roger LowensteinLowenstein

The Warren Buffet Way – Robert HagstromThe Warren Buffet Way – Robert Hagstrom

The Snowball: Warren Buffet and the Business of The Snowball: Warren Buffet and the Business of Life – Alice SchroederLife – Alice Schroeder

Buffettology – Mary Buffet and David ClarkBuffettology – Mary Buffet and David Clark

Wit and wisdom from the World’s Greatest Wit and wisdom from the World’s Greatest Investor – Janet LoweInvestor – Janet Lowe

The Strategies that have made Warren Buffet The Strategies that have made Warren Buffet ‘America’s preeminent Investor’ – John Train‘America’s preeminent Investor’ – John Train

Essay on Warren Buffet : Lessons from Corporate Essay on Warren Buffet : Lessons from Corporate America – BibliographyAmerica – Bibliography

Page 12: 39513635 Ppt Warren Buffet by Mohd Irfan Rizvi

WARREN BUFFET CEO OF BERKSHIRE HATWARREN BUFFET CEO OF BERKSHIRE HATHAWAYHAWAY

Thank UThank U