Edward Warren Buffet was born in 1930. The American business professional, investor, entrepreneur and philanthropist also serves as the chief executive officer of Berkshire Hathaway and is considered among the leading investors in the globe. As of now, Buffet takes the third position in the list of the wealthiest people in the world. Valued at $87.9 billion as of early 2018; Buffet did not just wake up to a buffeting bank account.
Born in Nebraska, Warren Buffet developed interest for business at a relatively tender age. Finally joining the Wharton School of Business at the Pennsylvania University, he worked hard to hone his managerial skills in business. When he turned 19, he joined the University of Nebraska then proceeded to the Columbia School of Business. In this school, Buffet developed an investment philosophy termed the actual value of investing.
The Beginning of Investment Journey for Buffet
While Buffet may have made it to the list of billionaires at a tender age, his journey is filled with resilience, persistence and discipline. Just at the age of eleven, he started buying stocks alongside working in his family’s business selling groceries. His father, Mr. Howard Buffet, also owned a brokerage firm, in which, Buffet would spend some substantial amount of time evaluating what investors were working on. Alongside taking up odd jobs as a child, he learned to put his money to good use at a tender age. Some of the jobs he took up were washing cars, delivering newspapers as well as trading in pinball machines where he designated it to the local business center.
In one of his pursuits for formal education, Buffet wanted to enroll at the Harvard School of Business. However, they rejected him. That was not the end of it for him as he pursued education from Columbia University and was a dedicated student, always consulting with Benjamin Graham his educator.