Kiplinger’s Personal Finance – Warren Buffett

I am quoted on Warren Buffett:

It’s difficult to overstate Buffett’s influence on the business and investing worlds, says David Kass, a finance professor at the University of Maryland who recalls how gracious— and funny—the man known as the Oracle of Omaha could be to the occasional groups of students Kass would bring to meet him. “Many portfolio managers will tell you that everyone makes mistakes, and that if you get it right 50% of the time, then you succeed,” says Kass. “In the case of Buffett, he’s right over 90% of the time. That differentiates him from everyone else.” 

  But perhaps Buffett’s most important legacy, says Kass, beyond his personal qualities of honesty, integrity and transparency, is the example he set for how to be a long-term investor: patient, impervious to market swings, with an ideal holding period of “forever.”

   2025 

Buffett announces his retirement at the end of the year, “setting a gold standard for how corporate succession should be planned and implemented,” says finance professor David Kass.