"Decorated Skier to Invest Prize Money like Warren Buffett"

1 min read
Source: CNBC
"Decorated Skier to Invest Prize Money like Warren Buffett"
Photo: CNBC
TL;DR Summary

Mikaela Shiffrin, the world's most decorated alpine skier, plans to invest her record-breaking $1.04 million prize money like Warren Buffett. She consults with a small, family-run financial office to figure out where to invest and follows Buffett's strategy of keeping it diversified and riding the waves. She also tries not to overspend on anything without a long shelf life, including clothes and jewelry. Other billionaires, including Elon Musk, also employ similar long-term investment strategies.

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