This official biography of Warren Buffet begins with a humble picture of the young Omaha boy who would eventually become the real estate mogul and business guru we know today. We learn that Warren’s interest in business begun very early in life. In addition to encyclopedic memorization skills (memorizing baseball stats), Warren also had a knack for business, selling gum and soda by age nine.
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nBy age eleven, Warren had saved up more than a hundred dollars (worth thousands of dollars in today’s economy). When he turned twelve, he realized that by becoming not just a delivery boy but a paper salesman, that he could earn $175 per month from subscriptions. This twelve year old boy was officially earning more money than his own teachers. When he went to apply for Harvard, he was rejected, but Buffet decided to use that rejection as fuel in his passion for business.
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nOver the course of his young life, Warren’s go-get-her attitude led him to work hard, even when he couldn’t yet see the results. He also became very frugal, and when he began a real estate firm, he told the shareholders to never expect dividend checks (meaning he would always choose to reinvest the profits and never split up the excess, like many companies do). By age 35, Buffet had his first $1,000,000 in the bank. WARREN BUFFETT (AUTHOR)
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