![]() "He chooses key words that resonate with people - that will stick in their hands, like Aesop's Fables," she said. "He uses very short parables, stories and analogies," Alice Schroeder, author of the Buffett biography "The Snowball," told in 2010. "He is grounded in long-held, proven principles, but willing to change and not rigid in his approach." "He is always guided by the facts and his core principles - not emotion," Dimon told AFP in an email. His circle of friends include JPMorgan Chase's Jamie Dimon, who praised Buffett's clinical approach to investing. He has donated billions of dollars to the Bill & Melinda Gates Foundation and has, like Gates, called for the wealthy to pay higher taxes.Īlthough Buffett makes some public appearances, he guards his privacy and keeps a tight circle of close advisors, including longtime Berkshire Vice Chairman Charlie Munger, who is 95, and shares Buffett's straight-talking tendencies. In the biography "Giving it all away: The Doris Buffett story," Warren Buffett acknowledges he did not stand up to his mother on Doris' behalf, saying "I never did because I was afraid of becoming the target myself."īuffett's commitment to philanthropy has further helped insulate him from popular resentment. He has described going through a shoplifting phase and was forced to navigate around his abusive mother Leila, who used to berate his sister Doris as "stupid." ![]() Though raised middle class, Buffett did not have an easy childhood in some ways. "I don't need fancy clothes," Buffett told CBS in 2013. He also favors potato chips for snacks, ice cream for dessert and an average of five cans of Coca-Cola per day.Įqually telling, Buffett eschews big-ticket art-collecting and other pursuits emblematic of the high life. His gastronomic tastes are also decidedly humble and include McDonald's chicken McNuggets at least three times a week. "He's a hero who's generally popular with the public," said Gregori Volokhine of Meeschaert Financial Services.īuffett evinces few of the trappings of the generally loathed "one percent." He has lived in the same house since 1958 in a quiet neighborhood of Omaha. "He is such a down-to-earth person," said David Kass, a finance professor at the University of Maryland and the author of a blog on Buffett and Berkshire Hathaway.
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