Robert Goldfarb serves as President and CEO of Ruane, Cunniff & Goldfarb, the value investing

Value investing

Value investing is an investment paradigm that derives from the ideas on investment and speculation that Ben Graham and David Dodd began teaching at Columbia Business School in 1928 and subsequently developed in their 1934 text Security Analysis...

 firm founded in 1970 by William J. Ruane

William J. Ruane

William J. Ruane was a Wall Street investment manager and philanthropist....

 and Rick Cunniff. Goldfarb is a disciple of Warren Buffett

Warren Buffett

Warren Edward Buffett is an American business magnate, investor, and philanthropist. He is widely regarded as one of the most successful investors in the world. Often introduced as "legendary investor, Warren Buffett", he is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is...

, the CEO of Berkshire Hathaway

Berkshire Hathaway

Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States, that oversees and manages a number of subsidiary companies. The company averaged an annual growth in book value of 20.3% to its shareholders for the last 44 years,...

. Mr. Goldfarb's firm currently manages over $14 billion in assets. A native of St. Louis, Mr. Goldfarb is a 1967 graduate of Yale University.

In 2010, he was chosen as one of the top four mutual fund

Mutual fund

A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...

 managers of the year by Morningstar, Inc.

Morningstar, Inc.

Morningstar, Inc. is an independent investment research company based in Chicago, Illinois, USA.-Businesses:Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for...