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Warren Buffett
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http://www.financialsense.com/resources/buffett.htm
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Business Leaders, Investing, Management Gurus
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Early life
Buffet was born in 1930 in Omaha, Nebraska, the son of a stockbroker and Congressman, and has become probably the world’s most successful investor.
As a boy, irrespective of his family background, he delivered newspapers to make extra money and this probably sparked his interest in the media where he has made several successful investments including the Washington Post Company, a stock that has made him a lot of money and which he vows never to sell.
Imbued with a determination to make good and an entrepreneurial nature, Warren dabbled in several part time businesses but his destiny was chartered early in the piece when, after graduating from the University of Nebraska, he studied business at the Columbia Graduate Business School under the legendary Benjamin Graham.
Working with Benjamin Graham
He tried to get a position with Graham’s firm and was at first unsuccessful. He finally got the job and, as he generously acknowledges, learned a lot about stock investment from The Master.
Graham eventually retired and Buffett started a limited partnership in Omaha, using capital contributed by family and friends. The partnership was a great success and Buffett is said to have averaged an annual rate of return for the partnership in excess of 23 per cent, far in excess of the market.
Buying Berkshire Hathaway
Buffett, after several years, decided to wind up the partnership, returning the lucky investors their capital and their share of the profits, and bought an interest in Berkshire Hathaway, a textile company, giving his original investors the the chance to invest. The smart ones did so.
Buffett’s early days at Berkshire Hathaway were not great. The company was in an industry facing real challenges from exports and high manufacturing costs. Warren Buffett had not, however, forgotten what he had learned under Graham, and arranged for the company to buy out two Nebraska insurance companies.
This was the start of Buffett’s interest in insurance and the rise to financial fame of both himself and Berkshire Hathaway. The insurance game is a hard one but under Buffett, the company has become, not only a successful share investor, but a leading provider of insurance.
Buffett and Charlie Munger
Buffett struck up a friendship with Charles T Munger, a lawyer and investor and Charlie Munger eventually joined Warren at Berkshire Hathaway as his Vice-Chairman, alter ego, and friend. Warren Buffett is always the first to acknowledge the contribution that Charlie Munger has made to Berkshire Hathaway. (Listen to an interview with Charlie Munger, or read our biography)
Under Buffett and Munger, Berkshire Hathaway has become an investment giant that wholly owns a number of successful companies that include:
Geico Corporation
Nebraska Furniture Mart
See’s Candy Shops
Warren Buffet, the man
Warren Buffett, the man, is just as hard to define as Warren Buffett, the investor. He projects a homespun frugality but one suspects that he plays his personality as close to the chest as he does his investment secrets. He always claims that it is his partner, Charlie Munger, who keeps his feet planted firmly in the ground.
Warren Buffet has become a legend and is generally ranked, along with his mentor, Benjamin Graham, first in a stellar cast of investors that includes Peter Lynch, John Neff, and Philip Fisher. |
- Auditing An Oracle @ Baseline Mag (08/01/2003)
Shareholders nearly deify Warren Buffett for the way he manages his diverse holding company, Berkshire Hathaway of Omaha. But that doesn't necessarily mean that other companies can or should follow the way the avuncular champion of business ethics...
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6 books found |
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By Buffett, Warren
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Amazon's customers rating 
NOTE: THIS EDITION IS OUT OF DATE AND OUT OF PRINT. Â Â THE 3rd EDITION (2013) I S AVAILABLE FOR PURCHASE VIA AMAZON. CUSTOMER REVIEWS BELOW MAY STILL BE OF INTEREST / USE.Â
Ranking at Amazon 509472
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Lawrence A. Cunningham (The Cunningham Group)
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April 2001 - Paperback
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Business Leaders
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Our price: $19.64 (list: $25)
Used from: $1.69
Information updated on 03/14/2020
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By Buffett, Warren
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Amazon's customers rating
Listen to writings by Warren Buffet, Peter Lynch, George Soros, and other leading figures of finance. In their own words, these legends of Wall Street share their best investment ideas and advice....
Ranking at Amazon 49667
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audible.com
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April 2001 - Audio Download
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Investing
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Our price: $4.95 (list: $13.27)
Used from: n/a
Information updated on 03/19/2020
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By Buffett, Warren
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Amazon's customers rating
An inside look into the Business Perspective Investing technique of billionaire investor Warren Buffett and how his methods differ from prevailing Wall Street wisdom includes a never-before published...
Ranking at Amazon 337320
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Scribner
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November 1997 - Hardcover
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Investing
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Our price: $12 (list: $30)
Used from: $1.09
Information updated on 03/14/2020
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By Buffett, Warren
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Amazon's customers rating
The author describes his childhood, education, and professional career in security analysis, and recounts what Wall Street was like in the roaring twenties
Ranking at Amazon 710910
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McGraw Hill
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July 1996 - Hardcover
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Management Gurus
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Our price: n/a (list: $27.95)
Used from: $19.92
Information updated on 03/14/2020
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By Buffett, Warren
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Amazon's customers rating
“Ace Greenberg did almost everything better than I do—bridge, magic tricks, dog training, and arbitrage—all the important things in life.†—WARREN BUFFETT Alan C....
Ranking at Amazon 666546
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Workman Publishing Company
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March 1996 - Hardcover
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Business Communications
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Our price: $19.97 (list: $15.95)
Used from: $1.25
Information updated on 03/14/2020
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6 books found | | | |
