analyst and trader Warren Buffett

According to many analysts and traders, Warren Buffett is the most successful investor in the stock market of our time. For his investment flair, which helped him to be at the top, he was even nicknamed the "Oracle of Omaha."

He has always been committed to fundamental analysis and when choosing objects for investment is guided by the production and financial performance of companies. By his own admission, he will keep good stocks until they are profitable.

Warren Buffett's biography

Warren Edward Buffett (sometimes his surname is written as "Buffett") on August 30, 1930 in Omaha, Nebraska. His father was a stockbroker and was an active member of the Republican Party. As a child, he has a great memory for numbers: he could remember the population of various American cities from the first time.

At the age of 11, he became interested in his father's work and first tried his hand at stock speculation, teaming up with his sister Doris, buying three Cities Service shares for $38 each. After selling the shares when the price rose to $40, he made a profit of $5, but a week later the price of these shares was $200, and Buffett still regards this case as the main lesson of investing – patience is rewarded.

After his father becomes a congressman, his family moves to Washington. Warren is constantly in search of new types of earnings : engaged in newspaper delivery, leases land to farmers, organizes a business to repair used machines.

After graduating from high school, Buffett sold his business for $1,200 to a Vietnam War veteran and enrolled at the Wharton School of Finance and Commerce. He receives his bachelor's degree from the University of Nebraska.

Buffett continues his further studies at the University of the District of Columbia. His mentor was prominent economist and professional investor Benjamin Graham. It should be noted that Benjamin Graham, one of the few people who had a significant influence on Buffett and played a significant role in his life.

Graham's book "The Reasonable Investor" Buffett has repeatedly called the best book written on a financial topic in history. But, at the end of his studies, Graham advises a young graduate to go back to Omaha, and go to work in a brokerage office with his father.
Warren Buffett
Buffett began his business career in his native Omaha, conducting seminars on the principles and rules of investment. At seminars, he often mentioned GEIKO, unaware that it was owned by none other than his mentor, Benjamin Graham.

But it wasn't until a few years later that Graham invited Warren to his company as an analyst, where he worked for two years.
After that, Warren Buffett decides that the hour has come for "self-swimming" and organizes in 1956 his company Buffett Associates, in which his shares were made by members of his family and friends, investing 25,000. Dollars. Six months later, the capital tripled.

Buffett always follows his principle of investing only in companies that are well managed.

In 1965, he acquired the loss-making weaving factory Berkshire Hathaway, which in the future will begin rapid investment activity. To date, Berkshire Hathaway controls 42 companies, which according to the documents pass as divisions.

Now, Warren Buffett is an idol and a living legend for many businessmen and traders. He is one of the richest people in the world with a fortune of 38 billion. dollars, but still continues to work hard and earn money.

His personal life is not full of sharp moments and dizzying dramas: he still lives in Omaha, in a house he bought in 1950 for $31,000, prefers cheap eateries and Coca-Cola and is not interested in modern technology.

In his will, Buffett indicated that his family would receive only a small portion of his fortune, and most would go to charity.

Warren Buffett's Books

Warren Buffett is the author of several books in which he outlines his views on investment activities and gives advice for successful work in the financial market. Books like, "Back to school! Priceless lessons of the great businessman and investor, "Tao Warren Buffett," "Essays on investments, corporate finance and corporate management" have long acquired the status of classics of financial literature, and his witty quotes can be found in the open spaces Internet and other media.

  1. Buffettology download
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  3. Warren Buffett's Essay on Investment, Corporate Finance and Company Management download
  4. Warren Buffett How 5 Dollars Turn into 50 Billion Downloads
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