Adjective
marked by the exercise of good judgment in practical matters
Warren Edward Buffet has skyrocketed his bank balance, thanks to his judicious investments, and was the third wealthiest person in 2010. Buffet is known for his frugality while spending.
Forbes will release its 2011 billionaires list on Wednesday and Gates, investor Warren Buffett and Mexican tycoon Carlos Slim, will almost certainly be in the top three.