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Birth of Warren Buffett
Born in Omaha, Nebraska. He had a knack for numbers at a young age. He visited his father's stockbrokerage shop when he was little, and chalked in the stock prices on the blackboard of his fathers office -
First investment
At age 11, he bought 3 shares of Cities Service Preferred T $38 per share then sold them at $40 per share. -
Running his own business
Age 13, he was a paperboy and selling his own horseracing tip sheets. Same year he filed his first tax return and claimed his bike as a $35 tax deduction. -
Enrolls at University of Pennsylvania
Age 16, to study business. Buffet stayed two years and then moved to the University of Nebraska to finish up his degree. He emerged from college at age 20 with almost $10,000 from childhood businesses. -
Earn Masters Degree from Columbia Business School
Post masters degree he sold securities for Buffett-Falk & Company for three years. He later worked as an analyst at Graham-Newman Corp. for his mentor for two years -
Buffett forms the firm Buffett Partnership Ltd.
Hometown of Omaha, NE -
Assumes control of Berkshire Hathaway
Utilizes techniques learned from Graham. -
Founder dissolves Buffet Partnership
wants to focus more on development of Berkshire Hathaway. Expanded the company by buying assets in media (The Washington Post), insurance (GEICO) and oil (Exxon). -
Period: to
Buffett became director of BH
Equally served as director of Citigroup Global Markets Holdings, Graham Holdings Company and The Gillette Company. -
Giving money to Charity
Buffet gave his entire fortune away to charity, committed 85 percent to the Bill and Melinda Gates Foundation. This became the largest act of charitable giving in the history of the United States -
Giving Pledge campaign
created by Buffet and Gates to recruit more wealthy people for philanthropic causes. -
Buffett purchased H. J. Heinz
purchased with private equity group 3G capital for $28 billion. Latter additions to BH were: Duracell, Kraft food group which merged with Heinz in 2015
