Buffett Used to Vomit Before Speaking in Public

Way back in 1951, Warren Buffett was a 20-year-old man looking to surpass his goal of becoming a millionaire by the time he reached the age 35. When he was 16 years old, he already made $53,000. He went to the best schools and already knew how to make money buying stocks. But Buffett would …

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The Reason Buffett Hasn’t Split Berkshire Hathaway Stock

Buying a share of Berkshire Hathaway Class A costs so much money that it could pay for a person’s entire college education. It can even buy two houses in Omaha, Nebraska. To put it another way, you could purchase 40,000 large Blizzards from Dairy Queen, owned by Berkshire Hathaway. Why doesn’t Warren Buffett split the …

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Why Buffett & Gates Are Successful

When Warren Buffett and Bill Gates first met, their dinner host, Gates’ mother, asked all seated at the table to identify what they felt was the single biggest factor in their success in life. Buffett and Gates gave the same one-word answer. Focus. (See more in The Snowball by Alice Schroeder.) The clarity of their …

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Is Ted Weschler The Next Warren Buffett?

Ted Weschler is already proving his value to Berkshire Hathaway as much more than a stock picker. He has a knack for finding value in distressed companies. Since Ted joined Berkshire Hathaway this past January, the former hedge fund manager, at 51 years old, has already gone above and beyond the call of duty. He’s …

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Is The Cash Option Priceless For Warren Buffett?

If you believe that making small returns on the cash in your portfolio is not a good thing, then it’s time you took a look at Warren Buffett’s strategy. Warren Buffett, who is the richest and most successful value investor, is currently sitting on roughly $41 billion worth of cash in his Berkshire Hathaway company …

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