Welcome back to the real story where I tell you what's really going on and you don't have to unspin it or dig your way down to see what's really happening.

Today you're going to find a really interesting story, I bet.

Click the subscribe button and follow so you'll get this every day wherever you get your

podcast information or on YouTube. I said this is going to be interesting. Arguably, the most

influential person on Wall Street lives 1,200 miles away in Omaha, Nebraska. He lives in the same house

that he bought in 1958 for $31,500. Now, if you haven't already guessed, we're talking about Mr. Warren

Buffett. What I want to talk about is the real story behind his success.

Now, Mr. Buffett made headlines earlier this month at his yearly meeting for Berkshire

Hathaway, his company, when he told shareholders he's stepping down as Berkshire Hathaway

CEO.

Warren Buffett reveals the heartbreaking real reason he's stepping down from Berkshire Hathaway CEO. Warren Buffett reveals the heartbreaking real reason he's stepping down from Berkshire Hathaway.

That was one of the headlines.

Warren Buffett is hailed as everything good about American capitalism as he steps down was another headline.

So why is he getting such accolades? If you haven't followed him,

maybe you're not in the stock market, but it does affect what you pay for everything you buy.

Let me give you a quick recap of his unparalleled success. Buffett took over Berkshire

Hathaway, which was then a struggling textile company in 1965.

It is now worth almost $1.2 trillion, and it's comprised of insurance, railroad, retail, manufacturing, and energy businesses.

Shares have increased $5,502-284%. Let me say that again.

Its shares have increased over 5 million percent from 65 through 24. Compared that to the S&P 500, which has risen 39,054%. Class A shares of Berkshire

Hathaway recently reached a record high of 809,350 per share. One share.

Now Buffett's net worth, he's done pretty well himself,

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