Berkshire Hathaway is controlled by Warren Buffett, who is chairman and chief executive of the company which owns a range of companies, including GEICO and NetJets, a substantial stake in Heinz, and has stakes in American Express, Procter & Gamble and IBM. The company is noted for outperforming the stock market under the leadership of Buffett, a value investor.
Investing resources - sages and gurus:
The Snowball: Warren Buffett and the Business of Life
Worth an estimated US$50 billion, Warren Buffett, the 'Oracle of Omaha', is simply the wealthiest and most successful investor of our time. For an insight into how Buffet made his billions, read a copy of Alice Schroeder's biography. Buffett selected Schroeder to be his biographer and gave her unprecedented access to his life. The result was a 900-page tome that The Washington Post said 'should become a bible for capitalists'.
From humble origins in Budapest, George Soros used his uncanny investment instincts to become a self-made billionaire, as well as one of the most controversial individuals in the investment world. Activist, philanthropist, self-styled philosopher and financial sage, Soros gained fame in 1992 by making US$1 billion in one day by shorting the British pound. His website contains a virtual library of essays, books and speeches, giving insight into his thoughts and theories on topics as diverse as the euro-zone crisis and marijuana legalisation.
As CEO and co-chief investment officer of Pacific Investment Management Company (Pimco), Dr Mohamed El-Erian is responsible for over US$1 trillion in assets, including one of the world's largest portfolios of bonds. One of the most respected investors worldwide, El-Erian's impressive resume includes stints at the International Monetary Fund and Harvard's endowment management subsidiary. A large collection of his commentaries on current events and global market trends can be found on the Financial Times' website, where he regularly writes Alphaville columns.