World’s richest man race.

March 11, 2008 – 8:30 am

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According to Forbes, Bill Gates lost the top spot awhile ago to Calos Slim Helu but Warren Buffett has taken the #1 spot with Berkshire Hathaway shares surging.

brk-b.png

Graph of BRK-B shares 1997-present.

This is why people need to grasp the importance of buying for the long term. Buffet sits on a lot of the investments he buys. I’m not advocating investing in Berkshire and neither does Buffet advise you invest in Berkshire if your net worth is limited.

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