Warren Buffett: Early Life

How Warren Buffet, one of the world’s most successful investors, spent his early childhood and teenage years.

Buffett was born in 1930 in Omaha, Nebraska as the only son of Leila & Congressman Howard Buffet

🤯 When he was 12, Buffett moved to DC for his father’s successful political career

Buffett went door to door in a new town, selling chewing gum, Coca-Cola bottles, and weekly magazines

🗞 At this time, he bought his first 3 stocks

On his first tax return, at the age of 15, Buffett deducted $35 for the use of his bicycle and watch 🚲

Further into his teenage years, Buffett had a pinball machine business that he sold for $1,200! He used these savings to invest in a 40-acre farm 🌾

Buffett’s senior yearbook quote was “likes math; a future stockbroker”

He wanted to skip college but was ultimately forced to go by his father 🤓

Buffett continued his various ventures throughout college and eventually accumulated $9.8k (or $112k in today’s value)!

📚 He also studied closely with Benjamin Graham, one of the most famous investors at the time

Buffett landed his first job at his father’s company as an investment salesman

From there, he climbed the way up the corporate ladder with his impressive investing decisions and takeovers 🤝

Buffett formed many partnerships with other investors, allowing him to overtake Berkshire Hathaway until he landed majority ownership 🚀

Buffett also invested in the Washington Post Company, ABC Capital Cities, and The Coca-Cola Company - all of which turned out to be top Fortune 500s 🤝

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