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Investments glossary

The Oracle of Omaha


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Quotes of the day:

Doctors pour drugs of which they know little, to cure diseases of which they know less, into patients of whom they know nothing.

— Moliere

The Oracle of Omaha is a nickname for Warren Buffett, who is arguably one of the greatest investors of all time. He is called the Oracle of Omaha because the investment community very closely follows his investment picks and comments on the market, and he lives and works in Omaha, Nebraska. Buffett is the chairman and CEO of Berkshire Hathaway, a company that he became the controlling shareholder of in the mid-1960s.


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