Billionaire investor Chamath Palihapitiya is the next Warren Buffett, Ritholtz chief Josh Brown says

SourceBusiness Insider
SectorFinancial Markets
CountryMiddle east

Getty Images Chamath Palihapitiya could be the next Warren Buffett, according to investor Josh Brown."He has that aura about him," the Ritholtz Wealth Management chief said on "The Compound."Like the Berkshire Hathaway boss, Palihapitiya excels at sourcing funds and has a strong track record.Visit Business Insider's homepage for more stories. Billionaire investor Chamath Palihapitiya might just be the next Warren Buffett, investor Josh Brown said on "The Compound" YouTube channel this week. "I think he's the new Buffett," the Ritholtz Wealth Management chief and "How I Invest My Money" co-author said. "He has that aura about him." "He's not there in dollar terms yet, but he seems to have figured out a lot of things before other people and he's executing very well," Brown added. Read more: Corporations rushed to address the Capitol riot and political donations. Here's how those moves reflect the rise of sustainable investing. Palihapitiya is a former Facebook executive, the founder and CEO of Social Capital, and a minority owner of the Golden State Warriors. He specializes in using special-purpose acquisition vehicles (SPACs) to take companies public. He counts Virgin Galactic, Opendoor, Clover Health, and SoFi among his deals to date. Like Buffett, Palihapitiya has "figured out how to have the zero ...read more...