Buffett's Legacy: Investment Lessons and CEO Exit

Warren Buffett, known as the 'Oracle of Omaha,' accumulated 98% of his $160 billion net worth after turning 65, highlighting the power of compounding and patience in investing. Over 55 years at Berkshire Hathaway, he achieved a 5,502,284% return to shareholders by following a disciplined, long-term investment strategy. Buffett's famous maxim, 'Be fearful when others are greedy, and greedy when others are fearful,' exemplifies his contrarian approach. His personal frugality and focus on value over brand names serve as practical examples for everyday savers. Buffett's financial advice emphasizes consistent saving, tracking expenses, and harnessing compound interest to build wealth. As he prepares to step down as CEO of Berkshire Hathaway, his legacy of disciplined investing and practical habits continues to influence investors worldwide.