Warren Buffett's Berkshire Hathaway lost nearly $3.8 billion on its investment in food giant Kraft Heinz in the second quarter, according to its Q2 financial report.
According to Warren Buffett, wealth doesn't come from hard work alone, but from three core principles: connecting with the right people, focusing on the right things, and creating irreplaceable value.
With a net worth of 160 billion USD, Warren Buffett lives modestly because his financial philosophy isn't limited to investing, but extends to everyday spending decisions.
