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Born
August 30, 1930 in Omaha Nebraska he showed buisness knowledge at a very young age -
Prodigy
1933-1941 He showed great ability in math and finances at a very young age, could do large columns of numbers in his head -
First Investment and a lesson in Patience
At 11 years old he made his first investment 1941, he bought cities services at 37, it dropped to 27 then he sold it when it got back to 40 for a small profit, it then climbed to 200 -
Uprooted
He moved to Virginia when his father was elected into the house of reps -
Entrepreneurial Venture
at age 13 he owned a paper buisness and sold horse racing tips the same year he filed his first tax return and bought a bike with the money. 1943 -
Higher Education
He went to Pennsilvania University at age 16 to study buisness, only stayed for 2 years before transferring to U Nebraska and graduated at 20 with $10,000 from his childhood buisnesses -
The Reign
He formed the firm Buffett Partnership Ltd. utilizing techniques he learn =ed from his mentor -
Stock
He began accumulating stock in 1960 and assumed control of Berkshire Hathaway in 1965 -
Cutting Ties
Buffett dissolved The buffet Partnership despite its success because he wanted to focus on Berkshire. Had them abandon textiles and focus on the press and bought the Washington post.
People started calling him the Orical of Omaha -
Inheritance
Buffett announced in 2006 that he would be giving all of his fortune to charity so that his children would come up as he did