Philosophy & legacy
In examining the investing career of Warren Buffett, it's clear that he has faith in the resiliency of the market. His conviction in the market's long-term success is perhaps best illustrated by one of his more famous quips: "Be fearful when others are greedy and be greedy only when others are fearful."
It's hard to overstate the impact that Buffett has had on generations of investors. While he hasn't authored any books, the annual letters that he penned to shareholders and included in Berkshire Hathaway's annual reports are the stuff of legends, a wellspring of wisdom that includes Buffett's investing acumen.
Awards, honors, & recognition
Buffett has received numerous awards. In 2011, President Obama awarded Buffett the Presidential Medal of Freedom, the highest award the U.S. government grants to a civilian, for his generosity and compassion.
Buffett has also received distinction from peers. As the 1900s drew to a close, financial services firm The Carson Group surveyed a broad cross-section of finance professors in 1999. When the results came in, Warren Buffett earned the top spot on The Top Money Managers of the 20th Century list.
And it's not only industry professionals who recognize Buffett's impact on society. In 2007, Time magazine named him one of the 100 Most Influential People of the year.