The best word to describe a Virgo is “practical” and being an earth sign makes this zodiac symbol the best in terms of generating wealth. Warren Buffett proves that idea this year by becoming the richest person in the world based on Forbes’ ranking. His net worth, according to Wikipedia, is US$ 62 billion as of Feb 11, 2008.
It is worthwhile noting that success on practical matters is almost always (but may be negated by the other factors in one’s personal chart) a sure path for Virgos. The reasons are actually simple- they are challenged mentally by problems which inspires them to make a thorough study of the matter and by coming up with the most feasible system that works. And more importantly, Virgos work hard. Being frugal is another part of the equation, which one of the traits associated with Virgo. Buffett is well-known for his frugality. In investing this Virgo trait appeared in Buffett’s adherence to Graham’s Value Investing.
It should be no wonder then that the result of a study conducted by Forbes have this result: Virgo is the sign of more billionaires than any other sign.
What Makes a Virgo Tick?
Virgo is ruled by Mercury which is traditionally connected with the mind, numbers and analysis. Knowledge is very important to Warren Buffett. Buffett’s career path is a clear indication of this Mercury influence. He worked as a teacher, stockbroker and employed the power of analysis and love for numbers in his investment activities.
He taught at the University of Nebraska, his students were twice his age. He is nicknamed as the “Oracle of Omaha,” business and political leaders seek his knowledge. Berkshire Hathaway’s annual stockholders meeting is always anticipated, it is attended by 20,000 individuals.
Buffett on Value Investing
Thru to his earth sign nature Buffett is an advocate of “Value Investing” philosophy that was taught by a fellow earth sign (Taurean) and mentor Benjamin Graham. Basically, Graham’s investment philosophy is founded on the concept of “margin of safety.” This means that the best companies to buy are those that are extremely undervalued at a time when the public is most fearful, provided of course that these companies have an excellent management team as well as good product. This strategy jives very much with a Virgos who are known for being choosy and would only go for something of value after a thorough calculation.
Virgo and Textile
In 1962, when Pluto and Uranus were moving into a conjunction it also formed a conjunction to Buffett’s natal Sun and Neptune, Buffett discovered Berkshire. Pluto is the planet associated with the guardian of hidden treasures and among the businesses associated with Virgo is textile.
Since 1965, Buffett has transformed Berkshire from a failing textile company into a $180 billion conglomerate with about 76 businesses that sell a range of products from bricks, carpeting, manufactured housing and paint to ice cream and underwear.
I always believe that to be successful one’s business activity must be compatible with one’s astrological makeup. Another important thing is that one’s line of business must also be compatible with one’s zodiac sign.
Buffett on Fannie Mae and Freddie Mac
On August 22, Warren Buffett said there was a "reasonable chance" that Fannie Mae and Freddie Mac shareholders would be wiped out though the companies themselves are too big to fail. Less than a month after, both companies were put under the conservatorship of the US Treasury. He wasn’t called the “Oracle of Omaha” for nothing.
For more financial astrology and the stock market please visit www.astro-ipo.blogspot.com
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