Buffett was born in 1930 in Omaha, Nebraska
He was the middle child and only son of Leila & Congressman Howard Buffet
🤯 When he was 12, Buffet moved to DC for his father’s successful political career
Buffet went door to door in a new town, selling chewing gum, Coca-Cola bottles, and weekly magazines
🗞 At this time, he bought his first 3 stocks
On his first tax return, at the age of 15, Buffet deducted $35 for the use of his bicycle and watch
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Further into his teenage years, Buffet had a pinball machine business that he sold for $1,200! He used these savings to invest in a 40-acre farm
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Buffet’s senior yearbook quote was “likes math; a future stockbroker”
He wanted to skip college but was ultimately forced to by his father
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Buffet continued his various ventures throughout college and eventually accumulated $9.8k (or $112k in today’s value)!
📚 He also studied closely with Benjamin Graham, one of the most famous investors at the time
Buffet landed his first job at his father’s company as an investment salesman
From there, he climbed the way up the corporate ladder with his impressive investing decisions and takeovers
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Buffet formed many partnerships with other investors, allowing him to overtake Berkshire Hathaway until he landed majority ownership
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Buffet also invested in the Washington Post Company, ABC Capital Cities, and The Coca-Cola Company - all of which turned out to be top Fortune 500s
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