Warren buffet

1203 mots 5 pages
I. His childhood

The 30th august 1930, Warren Edward Buffett was born in Omaha, Nebraska. His father Howard buffet was a stockbroker and United States representative who lost a most part of his money during the 1929 international crisis. His mother, Leila Buffet, was depressive. Warren began to read the reports of his father, when he was 8.
At 9, he already knew how to quote the rate of Wall Street. And the same year, he created a business of lemonade, and after a business of newspapers. So he displayed an amazing aptitude for both money and business at a very early age.
At 11, he began to work with his grandfather in order to make his first stock purchase which he bought 38.25$, and sold 40$. It has been the first of a very long list of paying investment. However, few years later, the stock rockets to 200$. It taught him the importance of investing in good companies for the long term.
At 14, he and one of his friends installed some pinball machines in barbershop. He entered in the top 20 of his class with this company. It confirms that he was a very good student. So he easily has been graduated from the Woodrow Wilson High School in the University of Nebraska-Lincoln at the age of 17.

II. Education and his beginnings in business world.
At 17, he went to the Wharton school, a very prestigious university. But when he entered in this school, he had already read the hundreds of books of the program. After 3 years in this school Buffett applied for admission to Harvard Business School, but was turned down. Buffett went to Columbia Business School after learning that Benjamin Graham and David Dodd, two well-known securities analysts, taught there. He thought Benjamin Graham was the best mentor he could find. That’s why he went to Columbia. In 1951, when he was 21, he obtained a Master’s degree of economics. Warren’s teacher was so happy of his student that he enrolled him a few years after he left the University. At the age of 22 years old Warren Buffett

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