Warren
Edward Buffett, an American businessman born on August 30, 1930, in Nebraska,
US. He had completed MS(Master of Science) in the Columbia university, US. Warren Buffett
is the chairman and CEO of BERKSHIRE HATHAWAY, an American Multinational
Company. And currently he is the Sixth-wealthiest
person of the world.
Born with
Poverty:
During his
birth, America was in a severe economic crisis, and that let his family to a high-level
poverty. After few years, his father starts a stock market company where Warren
Buffett spent most of his childhood with numbers, calculations, formulas, and
derivations. And that let him to start business at the age of just 6 by selling
Coca-Cola, Newspapers to the doorstep and starts to make savings in that very
little age.
His early
interest on investment:
By spent his
most of the holiday time in his father’s stock market company, he learnt, gathered,
and made himself worth for being a successful investor in future. His father understood his interest in shares
and exchanges and took him to the WALL STREET, which is the hot location for
American Stock Market. The experience he had there made his interest to the
peak level.
Realising
the flow of market:
He invested
his savings to buy a shares of CITY SERVICE COMPANY, unfortunately the share
values get decreased to the lower, he sold that share when it reached again his
invested amount value and felt himself that he didn’t lost money and saved his
money from risk. Later he noticed that
the share value of the company getting increase day by day after he sold all
the shares, literally made him felt lost for his unsuccessful efforts. This made him realise the value of patience
in the field of finance.
Gaining
of market knowledge and techniques:
BENJAMIN
GRAHAM, an American economist, investor, and professor in the Columbia University,
was the inspiration for Warren Buffett in the financial field. When Buffett
joined Columbia University for doing MS, he got the chance to study and learn clearly
about the techniques and methods to handle stock market from his inspired
professor Ben Graham.
Hard work
and Sense leads to Success:
After completing his Masters, Buffett worked in his father’s stock market company for few years, and then worked in his professor Ben Graham’s stock market company for few years. His early debut in the share market and hard work made him to groom himself higher and higher in the market field. On 10th May 1965, Warren Buffett took over the control of BERKSHIRE HATHAWAY through his investment partnership and now with his efforts and hard work, he is the chairman of the whole organisation and holding the position of sixth richest person in the world.
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