After Record Breaking $1000000 Win, Mikaela Shiffrin follows Warren Buffet’s Golden Strategy

With 88 World Cup wins, Mikaela Shiffrin is one of the top alpine skiers in the world with a net worth of $3 million. According to the Guardian, Shiffrin recently secured $1.04 million as prize money for her World Cup victory in the 2022-2023 season. Recently, the alpine skiing legend related how she was influenced by Warren Buffet while investing money.

Warren Buffet is regarded as one of the best investors today with a wealth of more than $100 billion. A recent article by CNBC hints at how Shiffrin’s mindset while investing the prize money of $1.04 million, following in the footsteps of Warren Buffet. So what was Warren Buffet’s strategy which Shiffrin followed while investing?

Talking to CNBC, Shiffrin revealed, “My strategy for the money I’ve earned is to save and invest.” Continuing, she added, “I’m not necessarily playing the market on a daily basis, but I come from a Warren Buffet strategy.”

Elaborating further, she indicated how she invested in diverse portfolios instead of putting all her eggs in one basket. She also implied that while investing on the basis of recent trends, she also tries to save an amount of money as well.

This is not the only time Shiffrin has described her mindset about spending the money she had earned. Earlier, the alpine skier revealed how she was cutting costs to fulfil a dream.

The alpine skier spoke about how she had reduced her spending recently as she wished to buy a boat. She explained that since she stayed in Miami a lot, buying a boat would lead to an enjoyable experience. Shiffrin stated, “I think if I had my own boat, I would go and spearfish a lot more.”

Further, she expressed how her dogs are fond of the water, recounting how she would give them balls to catch in the water. Shiffrin also told how she had taken a boat from her friend to travel and see the islands. This evidently increased her desire to purchase a boat in the future.

Shiffrin’s statements are proof of how well aware she is of how to invest and save money, inspired by Warren Buffet. Do you agree with Shiffrin’s investment strategy? Share your thoughts in the comments section.