Friday, July 1, 2011


Warren Buffett born August 30, 1930 is regarded widely as one of the few successful investors in the world. This legendary investor dispels all claims made by stock market naysayer that getting rich in the market is about luck. Right from his childhood, he was an inquisitive investor. He purchased 25cent six pack soda cans and sold them for a nickel to make 5cent profits on each pack. He employed his childhood mates under him for a small commission to get his small endeavors running. Even at such a small age, he invested his meager earnings on the NYSE getting stocks for himself and his sister. Today, this man is the third richest man alive.
Warren Buffett Biography would not be complete without a brief mention of his education. He gained most of his knowledge in investing from the great economists of the early 1900s namely Benjamin Graham and David Dodd from the Columbia Business School, 1951. His career and his character took most of the influence from his time there as he nurtured his instincts in the financing field.
By the time he came out of college, he had amassed a personal savings of about 90,000$ in today’s value. This he invested further and through his numerous successful investment partnerships, he grew both financially and also in stature. All this culminated in him being given the “richest man” title by Forbes for the year 2008 ($62 billion) at a time of recession.
The numerous ups and downs of the stock market and the economy played its part in his life story but he always came out on top. Concluding Warren Buffet Biography, in his own words,
“The basic ideas of investing are to look at stocks as business, use the market’s fluctuations to your advantage, and seek a margin of safety. That’s what Ben Graham taught us. A hundred years from now they will still be the cornerstones of investing.”