It was just over 55 years ago—January of 1970, to be exact—that Warren Buffett's name first appeared in the pages of Fortune. Legendary staff journalist Carol Loomis was writing about a new form of financial vehicle (which she dubbed "hedge funds"), and one of her sources was a 39-year-old money manager who ran the Buffett Partnership, Ltd., of Omaha. Loomis would go on to write about Buffett for the next five decades and became the journalist most closely associated with him as he became legendary for his stock-picking prowess—setting nearly unbeatable benchmarks and changing the way an entire profession thought about business and investing. Buffett himself has graced Fortune's cover 15 times, appeared at many Fortune events including the magazine's 50th birthday party, and written in our pages as well. In light of the Oracle of Omaha's announcement that he will be stepping back from leading Berkshire Hathaway by year's end, here are seven of the most memorable stories featuring Warren Buffett in Fortune—five by Loomis and two featuring Buffett in his own words. |
