Sunday, March 4, 2007

Warren Buffett Actively Looking for a Successor

Legendary Berkshire boss feels just fine, but he's actively looking for a successor

Shirley Won, Globe & Mail

Legendary U.S. investor Warren Buffett is hunting for a successor.

In his annual letter to shareholders of Berkshire Hathaway Inc., he said his job will be split into two separate roles -- chief executive officer and chief investment officer once he passes on the baton.

But the Oracle of Omaha reassured shareholders that they need not worry he will be leaving soon.

"At 76, I feel terrific and, according to all measurable indicators, am in excellent health," he said. "It's amazing what Cherry Coke and hamburgers will do for a fellow."

Read more from this Mar 2007 news report from Globe & Mail

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Friday, March 2, 2007

Warren Buffett's Car - What does the Genius Investor Drive?

His car has a license plate that reads “THRIFTY,” and its make: a 2001 Lincoln Town Car Signature Series. The billionaire's Signature Series Lincoln Town Car has a stylish half-length vinyl top to boot.

See a picture of his car at this Forbes Autos page

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Warren Buffett's House - Oracle of Omaha's abode in Omaha

Warren Buffett's House

The Oracle of Omaha is perhaps one of the wealthiest (well, only his chum Bill Gates is above him as of Feb 2007), but continues to live on Farnam Street in Omaha, in the same gray stucco house he purchased four decades ago for $31,500.

See a picture of his house taken by an amateur photographer. Quite amazing, it could have passed for an average American's house. It almost appears that you could simply walk into his house! See another photo of his house, taken from a different angle

Some more trivia about Buffett:

1. He eats burgers or steaks for lunch and dinner, always washing down his meals with Coca-Cola - a company in which he has invested since 1988.
2. He travels by his own Gulfstream IV-SP jet.

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