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Birthday
Warren Buffett was born August 30th 1930 in Omaha Nebraska -
Buys first stock
Warren buys his first stock at 11 years old -
Files his first tax return
Warren files his first tax return -
Columbia
In this year Buffett got a master of science from Columbia University -
Managing 5 partnerships
Buffett got even more partners and at this point was managing 5 partnerships all from his home -
Doubled money
After 3 years Buffett has doubled his partners money -
Running 7 partnerships
At this point Buffett is running 7 partnerships Buffett Associates, Buffett Fund, Dacee, Emdee, Glenoff, Mo-Buff, and Underwood -
$7.2 million
Buffetts partnerships are now worth $7.2 million dollars and he merges all partnerships into one called Buffett Partnerships Ltd. At this time Buffett noticed Berkshire Hathaway and begins buying stocks for $8 a share. -
Largest shareholder
Buffett is the single largest sharholder of Berkshire Hathaway at this point -
Invest in Walt Disney
Warren invests $4 million into Walt Disney (about 5% of company) and he takes complete control of Birkshire Hathaway. -
Network falls
The value of Birkshire Hathaway portfolo starts to fall and Warren's network falls by more than 50% -
GEICO
Buffett invests $4 million in GEICO and continues to invest until Bershire owns it -
$1.3 billion
Berkshire is now worth $1.3 billion -
Person net worth
Warrens personal net worth is now $620 million and he appears on Forbes millionare list -
Coca-Cola
Buffett starts buying Coca-Cola and gains a 7% stake in the company with $1.2 billion -
9/11
The 9/11 terrorist attack causes insurance to claim $2.28 billlion. Warren apologizes to his shareholders for not properly pricing insurance coverage -
Bill Gates
Bill Gates is becomes a director for Birkshire Hathaway through election