Warren Buffett – Biography – Success Story – First Stock – Childhood
This success story is about Warren Buffett, one of the most successful investors in the world.
“It takes 20 years to build a reputation and five minutes to waste it. If you think about it, you will do things differently”: Warren Buffett.
Success story: Warren Buffett (childhood)
Warren Buffett was born in Omaha in 1930. His father’s name is Howard Buffett and his mother’s is Leela.
Buffett had an interest in saving, trading, investing, and the stock market since childhood. As a child, he was interested in economics, business ideas studies, and started investing his money from an early age. Buffett bought his first stock when he was just 11 years old. It shows that he was born with business in his blood.
Warren Buffet showcased his investment, money saving, and money-making skills from an early age. He sells gum, coca cola, newspapers and magazines door to door, and also works at his grandfather’s supermarket.
Warren Buffett (young):
At the age of fifteen, Warren Buffett gathers resources and buys a pinball machine and puts it in a barbershop. After a few months, he owned several machines in various workshops.
Rule no. 1: never lose money. Rule number 2: never forget rule number 1: Warren Buffett
With his commercial success, his father forced him to continue his education, and Buffet agreed to attend the University of Pennsylvania. He then transferred to the University of Nebraska, where he graduated with a degree in three years.
At the age of nineteen, Buffett graduated from college with a bachelor’s degree in business administration before continuing to earn a master’s degree in economics from Columbia after being rejected by the Harvard Business School. He discovered Benjamin Graham after being honored, choosing Columbia Business School, who worked there.
There he studied with Benjamin Graham and David Dodd.
After completing his studies, Buffet asked Graham for a job, but at the time he refused to give him a job. Buffett then returned home and started working for his father’s brokerage firm.
After a time, Buffet gets married and Benjamin Graham also changes his mind and offers him a job in New York.
Price is what you pay, value is what you get: Warren Buffett
Success Ideas (Warren Buffett):
Once he arrived in New York, Buffett had the opportunity to test and develop the theories he had learned from Graham during his studies.
Buffett returned to Omaha in 1956 and launched Buffett Associates Limited. In 1962 Buffett collaborated with Charlie Munger and later bought Berkshire Hathaway. Warren Buffett’s investment has not always been successful, but he made all investments after extensive study, and all investments are followed by value principles. He never brings his feelings to business. You are always looking for new opportunities and you are always looking for a coherent strategy. This made him different from others and helped him achieve success in his life.
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After all his efforts, hard work, dedication, business acumen, earning money and saving money, he becomes one of the most successful entrepreneurs in the world.
Buffett is now a great American businessman, investor, speaker, and philanthropist. He is considered one of the most successful investors in the world. Its total assets as of May 4, 2019 are $ 89.9 billion. He is the third richest person in the world after Jeff Bezos and Bill Gates.
According to an analysis, Warren Buffett is the most charitable American billionaire. According to that analysis, Buffett has paid more than $ 46 billion since 2000.
Warren Buffett’s success story teaches us that knowledge is more important than money. If you have the knowledge and decision-making power, you can win any amount. He taught us to work hard in life, never give up, and he always followed our passion.
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