Buffet, Gates, Marks and the new approach to successful investing (03/05/07)
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Speaking of leadership. . . Warren Buffet, the second richest dude in the World.  Chairman of Berkshire Hathaway.  For those of us in the investment community, he probably ranks up there as the most admired individual in the history of investing.  His annual letter to shareholders (released Thursday) speaks for itself. 

According to the letter, Berkshire has produced a compound annual gain in book value per share of 21.4% between 1965 – 2006.  And the overall gain (in book value per share) has been 361,156% between 1964 - 2006.  This compares with the Standard and Poor’s 500 index (almost the 500 largest publicly traded companies as measured by “market cap” i ...

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