Why Buffett Has Always Avoided Debt

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Rupert Hargreaves
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Warren Buffett made the bulk of his wealth after his 70th birthday. Even though he started investing and building businesses when he was a teenager, it’s the last 20 years that have really counted. Buffett has benefitted from the miracle of compound interest. All the hard work, the little wins have compounded year after year to give today’s result. And it’s the same with all of the billionaires in the ranks of the richest people in the world. It takes time and patience to build wealth and let compounding do its work over the long run. Q2 2023 hedge fund…

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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk