By Jenna Goudreau Article
“How has Warren Buffett become the third richest person in the world with a net worth of $50 billion? It may be because he invests like a girl. Financial editor and writer LouAnn Lofton, author of recently released Warren Buffett Invests Like A Girl, studied the habits of the world’s most renowned investor and compared them to the latest research about men, womenand money. The conclusion: The Oracle of Omaha has a decidedly feminine investing style.
Like Buffett, women are more likely to have a calm temperament, a longer-term outlook, do more research, trade less and remain steady under pressure, says Lofton. And what does Buffett think about the claim? “I plead guilty,” he said.
I caught up with Lofton to learn more about her theory and uncover the secrets of the investing legend. ….”