The Independent

A collection of the insights Warren Buffett offered in his annual letter Saturday

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Billionaire Warren Buffett is known as one of the world's greatest investors, and the 93-year-old has a devout following of people who admire his track record and appreciate his sage advice on life and investing.

Buffett's latest annual letter to Berkshire Hathaway shareholders released Saturday morning was filled with a mix of both.

On investing in stocks:

“I can’t remember a period since March 11, 1942 – the date of my first stock purchase – that I have not had a majority has been a terrific country for investors. All they have needed to do is sit quietly, listening to no one.”

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