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Warren Buffet

Essay by   •  March 30, 2011  •  288 Words (2 Pages)  •  1,319 Views

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Warren Buffet was born August 30, 1930 in Omaha, Nebraska. He lived much of his life in Nebraska and later moved to Washington D.C. At 11 he purchased his first stock which he ended up making a five-dollar profit on this investment. He got his bachelors degree from The University of Nebraska. For some time he attended Wharton’s School of Finance at the University of Pennsylvania. This institution is rated as one of the top five business schools in the nation. His Masters of Science in Economics was completed at Columbia University.

Shortly after completing college Warren founded the Buffet partnership. This was all accomplished by the age of 25. Had someone invested $10000 with Warren back in 1956 it would worth an astounding $95 million today. Warren Buffet is worth over 27 billion dollars at the age of 69. Investing in other well-known companies made much of his money. He has major holdings of American Express, Coke, and Walt Disney just to name a few. He is also rumored to own as much as 20% of the world’s supply of silver.

Today Warren Buffet is the CEO of Berkshire Hathaway. Some of the other companies included under the Berkshire name are Geico Insurance, Berkshire Hathaway Life Insurance Company of Nebraska, Borsheim’s, and Dairy Queen. Berkshire is based out of his hometown of Omaha Nebraska.

There have been many books written about Warren’s investment strategies and his life in general. He has never written a book himself. I found a few books he helped co-author including one that was nothing but quotes and sayings he has come up with over the years. I found a couple of quotes that I think really sum up what Warren Buffet believes and has accomplished.

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