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Warren Buffett
Try to earn money in childhood
Warren Buffett picture [Source]http://media.timetoast.com/timelines/warren-buffett-life Warren Buffett was born in 1930 in Omaha, United States of Nebraska. Her father's name is Howard Buffett and mother's name Lilia Buffett. His full name is Warren Edward Buffett. He is the second in his three brothers. His education began in Rose Hill Elementary School. In 1942, Buffett's father was elected to Congress and he moved to Washington DC in the family. At the end of primary education, Buffett was admitted to Alice Deal Jr. High School and passed from Udro Wilson High School. Buffett's desire for money-earning and Buffett's irony was found in childhood. He tried to earn money from small time. Buffett worked in his grandfather grocery store for a short time in his childhood. Not only that - while in school, selling money from Buffett magazine, Coca-Cola, and earn money. Buffett grew interest in investing in the stock market. At the age of ten, Buffett came to New York City to visit the New York Stock Exchange. He bought the first three shares of his life at the age of 11. While high school, he invested some of his father's property and bought a farm. At the age of 13, he submitted income tax return in 1943. There he introduced himself as a newspaper biller.
Pinball machine starting
About the year 1945 Buffett's age was only 15 High school students. At the same time, a pinball machine used with a friend was purchased for only $ 25. The machine did not have enough space to install them. They put it in a barber's shop. Of it
In just a few months, they placed similar machines in different places. In the same way, Buffett was involved in business since childhood.
Business Administration and Economics Education
In 1947, Buffett was admitted to the University of Pennsylvania. There he studied for almost two years. After graduating in Business Administration from the University of Nebraska-Lincoln Then he was admitted to the Columbia Business School. There was a special reason behind admission here. Benjamin Graham, who was a teacher at the Columbia Business School, who was once famous as American Investment Guru. Buffett was a fierce fan of Benjamin Graham's book 'The Intangible Investor'. To get her only, at the post-graduate level, Buffett rushed to Columbia Business School. Just what? To attract Graham, Buffett had memorized his The Intelligent Investor book. In 1951, he received a Master's degree in Economics from the University.
Jobs in salespeople
From 1951 to 1955, he worked as an Investman Salesman in Buffett-Folk & Company. In New York, Graham-Newman Corporation served as Security Analyst from 1954 to '56. Besides, he has worked in various organizations including Buffett Partnership Ltd., Berkshire Hathaway Insurance. Most of these organizations are now owned by their own.
Millionaire Buffett
As a result of his efforts and diligence, in 1962, Buffett became a Millionaire. He left each share of a textile factory named Berkshire Hathaway for $ 7.60 in the public. At one stage in 1965, the company gave 14.86 dollars against each share. Of these, the factory and equipment were not shown. Then he announced the name of Kane Chess as the new President of Berkshire Hathway. In 1970, he started writing specially known letters to shareholders. This letter is very popular for shareholders. At the time, he paid $ 50,000 a year as a salary. In 1979, Berkshire Hathaway was trading with $ 775 per share. The price of this stock rose to $ 1310. During this time, his net worth amounted to $ 6 billion. As a result, for the first time in Forbes Magazine, he got a place in Forbes 400.
Political activities
Warren Buffett was involved in the election campaign of President Barack Obama and Obama's election fundraiser. In 2008, Obama and his rival John McCain both called Buffett the future potential Treasury Secretary in America's first presidential debate. But on the third and the last debate, Obama referred to him as a potential financial adviser. In addition, California's Republican Governor Arnold Schwarzenegger has been working as a money adviser in the campaign for the 2003 election.
Personal life
[Source]https://www.celebfamily.com/business/warren-buffett.html
Warren Buffett married Susan Thompson in 1952. They have three children - Susan Buffett, Howard Graham Buffett and Peter Buffett. Buffett's wife Susan dies in July 2004 Although they did not divide before 1977, they lived apart. Their daughter Susan lives in Omaha. She works in the Susan A. Buffett Foundation. Warren Buffett married his 76th birthday in 2006, to his longtime partner, Astrid Menong. Warren Buffett's annual salary was $ 100,000 in 2006. In 2007 and 2008, his salary increased to $ 75,000.
Buffett knows how to play a very good card. Card game with Sharon Osberg and Bill Gates 12 hours a week playing his cass. In 2006, news was published that Buffett did not use any mobile phone. Besides, there is no computer in its desk. Her company Berkshire Hathaway now owns 63 companies. He wrote only one letter a year to the Chief Executive Officer of these companies. This year's strategy is given. He does not meet regularly with them. That is why his commentary is that he does not have to tell the person if he is appointed in the right place. Warren Buffett gave his executives the only two rules. His first one is- Do not waste the shareholders' money. The second rule is that the first rule will not be forgotten. Set goals and try to get people's attention to it.
When Bill Gates came to the top by defeating ..
[Source]https://www.google.com/search?q=warren+buffett+and+bill+gates&client=ms-opera-mini-android&channel=new&biw=320&bih=496&tbm=isch&hl=bn&sa=X&as_q=&spell=1&ved=0ahUKEwjLpNWa7evaAhXEpI8KHUylD4oQBQgJKAA
In 2008, Buffett emerged as a surprise worldwide. He became the richest man in the world by defeating Microsoft guru Bill Gates. According to Forbes, his assets amount to 6 billion dollars. However, according to Yahoo, the amount of wealth of his then $ 5 billion 800 million. Bill Gates, one of the richest in the world, was named Forbes magazine for 13 years. After this, Gates retained his top position in 2009. Warren Buffett came to second place. Warren Buffett has lost 12 billion dollars in 2008-09 fiscal year
Suggestions for youth
Buffett's suggestion for youth community is to stay away from credit cards and bank loans. Invest in whatever you own. Remember- a) Money does not create a person. But people create money.
B) Try to simplify the lifestyle as much as possible.
C) Do not say what others say. Listen to them. Then do whatever you think is right.
D) Do not spend money on unnecessary matters.
E) Life is yours So why not allow others to run your life?
Simple Life
Warren Buffett currently owns 63 companies. So far, $ 3 billion is donated by several charities. Yet he owns $ 4 billion dollars. Now many adjectives have been associated with his name. Many called him 'Mirakal of Omaha'. Even if he owns so much of wealth, he does not have any luxury. Social life of the upper class has not touched its lifestyle. He made his own food.
Some popcorns prepare themselves and watch television and sit at home. With him, Bill Gates, the world's richest man, was only 5 years ago. Bill Gates did not know that there was a lot of similarity with Warren. As a result, he met Warren only after half an hour. When he met Warren, he lasted ten hours. Since then, Bill Gates has become his fan.
In fact, Buffett has lived a very normal life. After the marriage 50 years ago, the house where the 3 bedroom house was bought still live there. There is no separate wall around the house. He said, everything I need is all about here. The world is so wealthy, there is no boundary wall around his house. His suggestion is that - in fact you do not buy anything more than you need. Teach your children to think and do this. He runs his own car. He has the world's largest jet company. But traveled with ordinary people in the economic class. Many people think that it is impossible. But he proved it. A few days ago, he gave an interview to CNBC for an hour. There is the story of the emergence of life. According to him, his goal is to decide on himself to get established in life. With a similar goal, he bought the first share at the age of 11. Yet he thinks it's too late to come to the business. Should have started trading earlier. So her suggestions encourage your child to invest. With the money to sell the newspaper, he only bought a small firm at the age of 14. According to him, a lot of money can be bought by someone with a small amount of money. That is why he advised children to engage in some business.
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