The Wizard of Omaha, the Sage of Omaha, or the Oracle of Omaha—all these epithets lead to one man, Warren Buffet. Widely considered to be one of the most successful businessmen of the 20th century, Buffet is the CEO, chairman, and the principal shareholder of Berkshire Hathaway. He has consistently been rated as one of the world’s wealthiest men by authoritative sources.
One would think that with so much wealth, a staggering display of riches is inevitable. Yet, Buffet surprises everyone with his personal frugality. He continues to live in the same house in Central Dundee in Omaha that he bought in 1958 and he advocates the use of public transportation.
"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."