> Warren Buffett Blog: Why people respect Warren Buffett so much

Wednesday, January 29, 2014

Why people respect Warren Buffett so much

Investors love consistency. That's not just the case with stocks and companies, but with money managers, too.

Warren Buffett's big claim to fame is his long-term track record. Buffett has been in the investing game a very long time and has solid long-term performance to show for it. Shares of Berkshire Hathaway's class B shares are up more than 400% since the beginning of 1997, handily topping the nearly 150% increase of the Standard & Poor's 500 since that time (excluding dividends).

Investors are also attracted by Buffett's simple stock selection guide, based on studying the fundamentals of companies. Buffett's annual reports to shareholders have become must reads for investors.


Via - http://www.usatoday.com/story/money/columnist/krantz/2014/01/25/warren-buffett-legend-berkshire/4329003/