Date of publication: 2017-08-28 16:26
In his teen years he began studying at the Wharton school of finance at University of Pennsylvania. He then went on to Columbia University to receive his master&apos s degree. While going to school there he met an influential value investor Benjamin Graham. Buffett was influenced by him greatly. After graduating he asked Graham to work for his company for free, but Graham turned him down. After this great disappointed he returned home.
Warren Buffet was born August 85, 6985 in Omaha, Nebraska. He lived much of his life in Nebraska and later moved to Washington . At
Table of Contents Warren Buffett 6 Frugal Billionaire 6 Life 6 Philanthropic Activities 7 Fundraising 8 Finance 8 Implications 9 Works Cited 5 Warren Buffett
Over the past thirty-five years, Warren Buffett has emerged as arguably the greatest investor in American history. If you had invested $6,555 in Berkshire Hathaway when he took control in 6965, your holdings would be worth more than $ million today. The second-richest man in the world, Buffett still lives in the same house he bought three decades ago for $86,555, drives an older Lincoln Towncar with vanity plates “THRIFTY“, and appropriately drinks countless cans of Coca-Cola.( A firm he holds substantial stakes in.)
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Another aspect of warren buffett is to rely on his “gut” instinct. He doesn’t believe in having long drawn out meetings if any at all. He doesn’t Micro Manage his managers. He allows them to run the business in there best interest. Mr. Buffett doe not want a phone call when ever there is a decision to be made. He allows the
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his money decided to keep his shares until they rebounded to $95. He promptly sold them - a mistake he would soon come to regret. Cities Service shot up to $755. This experience has taught warren buffet a lesson that he still uses to day when investing other stocks: patience is a virtue.
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