Warren Buffett Signs Up To Twitter


Warren Buffett

( 4UMF NEWS ) Warren Buffett Signs Up To Twitter:

Legendary US investor Warren Buffett has joined Twitter.

The "Sage of Omaha" gained 10,000 followers within 10 minutes of signing up and could be on course to have a record number of followers.

Mr Buffett, chairman and chief executive of Berkshire Hathaway, is famous for shunning much to do with high technology.

His first tweet, under the name @WarrenBuffett, was "Warren is in the house".

Berkshire Hathaway owns around 80 companies that include railway, clothing, furniture and jewellery firms.

But its insurance and utility businesses typically account for more than half of the company's net income.

It also has major investment stakes in companies such as Coca-Cola, the banking group Wells Fargo, and the computer maker IBM.

Mr Buffett made his Twitter debut during a live webcast hosted by Fortune magazine.

This weekend, Mr Buffett will preside over Berkshire Hathaway's annual shareholder meeting in the US city of Omaha.

The meeting is expected to attract more than 35,000 investors. Typically, attendees tweet everything he has to say during the course of the event.

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