Oracle Of Omaha

AAA

DEFINITION of 'Oracle Of Omaha'

A nickname for Warren Buffett, who is arguably one of the greatest investors of all time. He is called the "Oracle of Omaha" because his investment picks and comments on the market are very closely followed by the investment community, and he lives and works in Omaha, Nebraska.

INVESTOPEDIA EXPLAINS 'Oracle Of Omaha'

Warren Buffett is one of the richest men in the world. He built his fortune using a simple yet powerful investment strategy. His investments are long-term positions, accomplished by the purchase of strong companies that are trading well below their intrinsic value. Some of his most well-known investments include Coca-Cola and Gillette.

RELATED TERMS
  1. Wealth Psychologist

    A wealth psychologist is a mental health professional who specializes ...
  2. Warren Buffett

    Known as "the Oracle of Omaha", Buffett is Chairman of Berkshire ...
  3. Coattail Investing

    An investment strategy in which investors mimic the trades of ...
  4. Value Investing

    The strategy of selecting stocks that trade for less than their ...
  5. Value Stock

    A stock that tends to trade at a lower price relative to it's ...
  6. Intrinsic Value

    1. The actual value of a company or an asset based on an underlying ...
Related Articles
  1. Warren Buffett's Best Buys
    Insurance

    Warren Buffett's Best Buys

  2. Warren Buffett's Bear Market Maneuvers
    Insurance

    Warren Buffett's Bear Market Maneuvers

  3. Warren Buffett: How He Does It
    Active Trading

    Warren Buffett: How He Does It

  4. Think Like Warren Buffett
    Investing Basics

    Think Like Warren Buffett

comments powered by Disqus
Hot Definitions
  1. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  2. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  3. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  4. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  5. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  6. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
Trading Center