THE legendary Warren Buffett, who is among the greatest investors of our time, is an inspiration to people all around the world who aim to be wealthy. In a nutshell, he has successfully compounded his investments by about 20% annually over the past 55 years, essentially by managing a concentrated portfolio.
Anyone who had invested RM100,000 with Buffett when he started his operations in 1964 would have pocketed RM630mil today. That's 513,055% of the original investment a simple indication of how successful Buffett is as an investor.
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