Warren Buffett has delivered market-beating performance over the long haul. Investors keep a close eye on the billionaire’s moves, hoping to follow some of his successes. Buffett’s latest move tells us something important and could impact whether we win or lose over the long term.

Forget E. F. Hutton; when Warren Buffett talks, people listen. And I don’t feel like that’s simply because he’s the world’s most famous investor, though he is. He’s a person of wisdom. A wisdom that seems to have been applied not only in his investing, but also in his marriage, his parenting, and his own personal finances.

Fact checked by Stella Osoba Warren Buffett has increasingly argued in recent years that it's not just the ubiquitous sports betting apps that have made your phone a pocket casino. In his 2024 annual letter to shareholders,

Warren Buffett's outsized returns at Berkshire Hathaway over six decades have earned him a large following on Wall Street. Buffett didn't purchase his favorite stock for the first time in more than six years -- and that's a big deal.