As the second richest person in the world and the most renowned investor, Warren Buffett needs no more fame. However, 2006 is a special year for Warren, he donated most of his wealth to charities. Also he is named 2006 Investment Guru of the Year.
This year we started the nomination of the Investment Guru of the Year with a democratic process. First we asked our readers to nominate the candidates, then we asked the readers to vote. The candidates are Warren Buffett, Eddie Lampert, Joel Greenblatt, Seth Klarman, Bill Miller, or readers can vote for themselves if they think they are better than any other of those candidates.
Warren Buffett received more than 38% of the votes, and he won the nomination for 2006 Investment Guru of the Year. Eddie Lampert, who is considered by many as the next Warren Buffett, receives 20% of the votes at the second place. Renowned investor Joel Greenblatt, whose books (The little book that beats the market, and You can be a stock market genius) are must-reads, wins 15% of the votes. Seth Klarman, an used copy of his book “Margin of Safety” is sold for more than $800 on eBay, receives 6% of the book. Bill Miller, who famously lagged the market for the first time in 16 years, received nomination and 3% of the votes.
Interestingly, 16% of the voters voted for themselves. They think they are better than Warren Buffett.
In nominating the candidates, Vooch, a Buffett disciple and a dedicated investor, wrote: “Warren Buffett - the guy makes consistent winning picks (e.g. USG and JNJ this year), his stock (BRK-A) hit $100,000/share this year, he drinks 4-5 Cokes a day while his East & West Coast competition is snorting it, he got married to his mistress, he turned 76, he can have an intelligent conversation at 76 (most people's brains are fried by then), and he donated all his money away. Now... who can beat this stud in 2006? Nobody!” This is agreed by a lot of others. “How can you not vote for Warren Buffett If God made Michael Jordan to play basketball then He made Warren Buffett to be the ultimate capitalist. Year in year out Warren has survived and mostly dominated dealing in the competitive world of finance. He capped this year off with his Berkshire stock reaching the $100,000 price tag. Also his legacy will go beyond just making the yearly Forbes billionaire's list. It will include his great philanthropy: most of his wealth to the Gates foundation.” Wrote gurujr, a reader of GuruFocus.com.
With the stock of Berkshire Hathaway Inc. (BRK-A) sits at more than $110,000 a share today, Foodboy pointed out: “All hail Warren E. Buffett, there is no equal!”
Also check out:
This year we started the nomination of the Investment Guru of the Year with a democratic process. First we asked our readers to nominate the candidates, then we asked the readers to vote. The candidates are Warren Buffett, Eddie Lampert, Joel Greenblatt, Seth Klarman, Bill Miller, or readers can vote for themselves if they think they are better than any other of those candidates.
Warren Buffett received more than 38% of the votes, and he won the nomination for 2006 Investment Guru of the Year. Eddie Lampert, who is considered by many as the next Warren Buffett, receives 20% of the votes at the second place. Renowned investor Joel Greenblatt, whose books (The little book that beats the market, and You can be a stock market genius) are must-reads, wins 15% of the votes. Seth Klarman, an used copy of his book “Margin of Safety” is sold for more than $800 on eBay, receives 6% of the book. Bill Miller, who famously lagged the market for the first time in 16 years, received nomination and 3% of the votes.
Interestingly, 16% of the voters voted for themselves. They think they are better than Warren Buffett.
In nominating the candidates, Vooch, a Buffett disciple and a dedicated investor, wrote: “Warren Buffett - the guy makes consistent winning picks (e.g. USG and JNJ this year), his stock (BRK-A) hit $100,000/share this year, he drinks 4-5 Cokes a day while his East & West Coast competition is snorting it, he got married to his mistress, he turned 76, he can have an intelligent conversation at 76 (most people's brains are fried by then), and he donated all his money away. Now... who can beat this stud in 2006? Nobody!” This is agreed by a lot of others. “How can you not vote for Warren Buffett If God made Michael Jordan to play basketball then He made Warren Buffett to be the ultimate capitalist. Year in year out Warren has survived and mostly dominated dealing in the competitive world of finance. He capped this year off with his Berkshire stock reaching the $100,000 price tag. Also his legacy will go beyond just making the yearly Forbes billionaire's list. It will include his great philanthropy: most of his wealth to the Gates foundation.” Wrote gurujr, a reader of GuruFocus.com.
With the stock of Berkshire Hathaway Inc. (BRK-A) sits at more than $110,000 a share today, Foodboy pointed out: “All hail Warren E. Buffett, there is no equal!”
Also check out:
