Filming is taking place on 11th Street. Yet another Hollywood flick is shooting in the Pittsburgh region, and this time the action is taking place in Oakmont. Crews began shooting âThe Fault in Our Starsâ in the borough Monday, Aug. 26 and are expected to continue filming in the area through Sept. 7.
It's not surprising that Warren Buffett's investment strategy has reached mythical proportions. A $8,175 investment in Berkshire Hathaway (NYSE:BRK.A) in January 1990 was worth more than $165,000 by September 2013, while $8,175 in the S&P 500 would have grown to $42,000 within the aforementioned timeframe. But how did Buffett do it? Below are the most important tenets of Buffett's investment philosophy.
Warren Buffett is rightfully admired for his investment record as chairman and CEO of Berkshire Hathaway, which has outperformed the S&P 500 Index by more than 10% annually during his 50-year tenure. Much less attention is paid, however, to the manner in which Buffett manages the company itself. This is somewhat surprising, given that his management system is very different from those of other publicly traded companies. Berkshire Hathaway is known for its extreme decentralization.