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Buffett Attributes Investment Success to Luck and U.S. Market, Says 'Village Fool' Could Profit

GateNews
IndicesStocks
According to CNBC, Berkshire Hathaway chairman Warren Buffett said on Wednesday (July 15) that his success stemmed largely from luck rather than skill. The 95-year-old investor stated he is among the world's luckiest people, having lived a long and healthy life with a sharp mind longer than expected. Buffett attributed his gains to fortunate timing and favorable conditions, noting he began investing after his father, a stock broker, introduced him to financial markets at age 11. He pointed out that since he bought his first stock when the Dow Jones Industrial Average stood at 100 points, it has now surged to approximately 52,000 points. "From that time onward, even the village fool could make money," Buffett remarked, adding that he simply "entered the right market and did the right thing."
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