Next Warren Buffet - This World especially in this new era, seems have to be stopped looking for the next Warren Buffet.
Why ? Because there are no criteria seems to be match as this legend as called " The Oracle Of Omaha." None of them.
Oftenly, there are a new investor who raised as a new legend by media report to replacing Warren but then their financial statements were full of dissapointment.
Bill Ackman from Pershing Square as an Ex - CEO of Sear Eddie Lampert, Chamath Palihapitiya from Social Capital, both of them were called "The Next Warren Buffet."
But then their tracking have no conclusion of match with the 92 year old legend.
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Nowadays, is a perfect time for the Investor stop looking for the next Warren. Because Warren Buffet can't be replaced.
Since he taking controll of Bershire Hathaway in 1965, Buffet has proof himself have an unique ways in his class.
What's Making Warren Is Hard To Be Replaced ?
Ilustration : Warren Buffet--
This Billionaire of Berkshire Hathaway have claim himself has been doubled his Average Return Of Investment per year of S&P 500 since he's taking a lead of the first Bershire major investation at LBJ years.
This time, Berkshire have an awesome variant of a bussiness circles from the sector of GEICO insurance until BNSF Railway.
From almost 6% Apple to 100% Dairy Queen. Its balance sheet raised to be USD 150 billion approximately.
That made Buffet has respected by his own generation and his junior.
In the middle of Go-Go shares on 1960, Buffet used his investation partner to bought those New England company.