Lessons from the Rich · Story 02

Warren Buffett

Chairman of Berkshire Hathaway. Called the Oracle of Omaha not for predictions, but for patience, discipline, and being right longer than anyone else.

The Structure

Warren Buffett didn’t build startups. He built Berkshire Hathaway into a holding company that owns large, cash-generating businesses outright.

Today, Berkshire fully owns 90+ operating companies across insurance, energy, transport, manufacturing, and consumer goods.


What He Didn’t Do

Buffett avoided complexity not because it was risky— but because it was unnecessary.

What He Did Instead

Insurance float became the engine. Time became the weapon.


The Formula

Buy quality → avoid leverage → reinvest cash → wait decades

The Takeaway

Buffett didn’t outperform by being smarter. He outperformed by being more consistent.

His edge wasn’t forecasting the future. It was understanding incentives, human behavior, and compounding.

Ordinary decisions. Extraordinary patience.