Warren Buffet, or the "Oracle of Omaha", is one of the world's most successful investors. Today, he is valued at 145 billion dollars, and is CEO of Berkshire Hathaway. So how did he become who he is today?

• 1. Focus on Quality Companies

  Buffett seeks out businesses with a durable competitive advantage, strong management, and consistent profitability. He prefers companies with a history of predictable earnings and strong leadership that can thrive over decades.

• 2. Buy and Hold

  Buffett's investments are made with a long-term mindset. He often says, "Our favorite holding period is forever," meaning that he aims to buy companies that he can hold indefinitely, rather than constantly trading.

• 3. Understandable Businesses

  Buffett only invests in companies whose business models he fully understands. This is why he tends to avoid complex industries like technology (though this has shifted slightly in recent years) and focuses on sectors like consumer goods, financials, and insurance.

• 4. Patience and Discipline

  Rather than chasing market trends or reacting to short-term fluctuations, Buffett is known for being patient, waiting for the right opportunity when stock prices of high-quality companies are undervalued.

• 5. Avoiding Debt

  Buffett is cautious about companies with too much debt. He prefers businesses that generate strong cash flow and have low debt levels, as they are better positioned to weather economic downturns.

Using these principles, Buffet has taken Berkshire Hathaway to the top and established himself as a monumental figure in the field of investing. His principles are constantly studied and emulated, highlighting his status and high regard in the eyes of the world.