Warren Buffett the chairman of Berkshire Hathaway and the 3rd richest man of the world.
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| Warren Buffett quotes |
Warren Buffett was born in 30 August 1930
In omaha city of usa.
His father was Howerd buffett, he was work as a sales man in a stock broking but in 1929 because of great depression he lost his job.
After that he start a business with some savings.
After some time he bought another one and increase their business and that time he sold that pinball business at 1200 dollars.
In omaha city of usa.
His father was Howerd buffett, he was work as a sales man in a stock broking but in 1929 because of great depression he lost his job.
After that he start a business with some savings.
Warren buffett in his childhood:
He was not similar like other children.
He like to spend his time to doing businesses and he like to play with numbers.
When he was 7 years old, he was like to read books then he was read a book name "1000 ways to make 1000 dollars "
In this book a way inspired him to make money with Pinball game,
He calculated that how much time it takes to increase their business double and after all he bought a pinball machine with his friend and put that in barbershop so the person who wait for their hair cut could play with that pinball machine.
After some time he bought another one and increase their business and that time he sold that pinball business at 1200 dollars.
Then he was 7 years old.
He also like to work and doing many small business like deliveres news paper and sold cold drink, magazines, chewingum door to door.
When he was 14 years old Warren bought 40 acres land of his savings.
And at the collage end he saved 9800$.
Howerd buffet had confidence to his son Warren Buffett his father told him fire ball.
Warren give the credit of success to his father also.
Warren as teenager:
After college he applied for pg in harvard University, but he rejected after that he decided to take admission in Columbia University.
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| Warren Buffett quo |
There was he learn value investing and he apply for job to his professor Benjamin grahams in partnership firm in Graham Newman corp. But he rejected ,
After two year Benjamin offer Warren a job in his partner ship form.
Next few years he worked there as a security analysis and improve skills in valie investing with his prof. Benjamin.
After few years Graham Newman corp was closed.
Warren buffett come back to his home town omaha and there he started some partnership firm.
He followed all the rule of value investing what he learnt from prof Benjamin, and he make too many profits and he become millionaire.
Warren after millionaire :
He start to bought shares of Berkshire Hathaway in 1962.
He continuously bought share in Hathaway
When he bought too many shares of Berkshire Hathaway he closed the partnership firm and become the chairman of Berkshire Hathaway.
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| Warren Buffett quotes |
He made that Hathaway as a holding company and start investing in other companies,
In 1973 he start buying shares of Washington Post and he got 9000% benefits return in 1988.
He use his mind and bought shares of company when the company face problem.
Now his company Berkshire Hathaway own more than 60 companies.
Warren Buffett like to read books and read almost more than 5 hours everyday.
He donate 46 billion in 2000
Warren Buffett enjoy their business and investing.
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