Billionaire investor Warren Buffett is single-handedly responsible for Berkshire Hathaway's compounded annual gain of almost 20% in 59 years versus around 10% for the S&P 500 index. His mastery over value investing principles and strong track record over the decades make investors listen to his advice, especially during stretches of market volatility.
The Oracle of Omaha is known for investing in great businesses at reasonable prices and holding on to them for the long term. Short-term trends don't easily influence the 94-year-old, and he often goes against the market consensus, which has mostly proved profitable for him.
