WARREN BUFFET- THE REAL INVESTOR YOGI
Warren Edward Buffet needs no introduction. Other than being the richest persons in the world(2008) he is also a father of 3( Susan, Howard and Peter). Born on August 30,1930 in Omaha, U.S he is famously called the “Oracle Of Omaha”. He is deemed to be the living investing legend, thus justifying his title of the greatest investor ever born. Buffett is the C.E.O and majority shareholder of Berkshire Hathaway.
BUFFET AND ENTRPRENEURSHIP
Warren buffet filed his first income tax return at a tender age of 14 years. How many of us do that? How do you think he is able to analyze businesses so well? He is one of the early starters in the fields of business. He started his entrepreneurial journey at the age of 14 by working at his grandfather’s grocery store, delivering magzines and newspaper door to door, selling chewing gums, Cola bottles, golf balls and stamps, and detailing cars. Eventually, he set up his own paintball machines in barber shops to earn money which he later sold for $1200. Not only this, later, buffet bought a 40 acre farm with his personal savings of $1200.
BUFFET AND INVESTING
“Someone is sitting in the shade today because someone planted a tree a long time ago.”
– Warren Buffett
Buffet’s dad had his own brokerage firm. Buffet first invested as a school boy at an age of 10 years. Again, how many of us do that? This is the reason why Investor Yogi urges each and everyone to start young with investing. This is so because, stock returns and time go hand in hand. You will probably never go wrong with a stock if time is on your side. Not only this, have you thought about the learning Buffet would have gathered by the time he reached his high school or even college? The mistakes made as a kid didn’t affected Buffet financially, since he invested small savings to learn about investing, but the knowledge gained meanwhile was immense.
A lot more is coming on the Oracle Of Omaha- The Real Investor Yogi very soon.
Till then happy investing.