Renowned businessman and philanthropist Warren Buffett played a pivotal role in modernizing 20th-century value investing. His holding company, Berkshire Hathaway, is synonymous with brands like Geico, Duracell, Dairy Queen, and See’s Candies.
| Fact | Information |
|---|---|
| Name | Warren Edward Buffett 👑 |
| Date of Birth | August 30, 1930 in Omaha, Nebraska 🎂🏙️ |
| Education | University of Pennsylvania 🎓📚 |
| University of Nebraska 🏫🌽 | |
| Columbia University School of Business 📚🏢 | |
| Net Worth (as of July 2023) | $117 billion 💰📈 |
| Investment Style/Strategy | Value; long-term 💼📈 |
| Known for | Pioneering modern value investing strategies 💡💰 |
| Criticizing lavish spending and low taxes 💸🤑 | |
| Promising to donate 99% of his wealth 🎁🌍 | |
| Partnering with Bill Gates to launch the Giving 👥🎗️ | |
| Pledge | |
| Notable Facts | Bought first stock at 11 📈🔔 |
| Filed first taxes at 13 📄🧾 | |
| Purchased first real estate investment at 14 🏠🤝 | |
| Awarded the Presidential Medal of Freedom in 2011 🏅🇺🇸 | |
| Famous Quotes | “The first rule of investment…” 💡💸 |
| “Price is what you pay…” 💰💰 | |
| “If you aren’t willing to own a stock…” 📈🕔 | |
| “Be fearful when others are greedy…” 😨💼 | |
| “It takes 20 years to build a reputation…” 🕒🏛️ |
What you'll learn:
➤ Key Highlights
Name: Warren Edward Buffett
Nickname: Oracle of Omaha
Date of Birth: August 30, 1930, in Omaha, Nebraska
Education: University of Pennsylvania, University of Nebraska, Columbia University School of Business
Net Worth (as of July 2023): $117 billion
Partners: Susan Thompson (1952-2004), Astrid Menks (1978-present)
Investment Style/Strategy: Value; long-term
➤ Known For
- Pioneering modern value investing strategies
- Criticizing extravagant spending and low taxes for the wealthy
- Committing to donate 99% of his wealth
- Collaborating with Bill Gates in launching the Giving Pledge
- Noteworthy Facts and Quotes
➤ The Early Years
Buffett’s entrepreneurial journey began early, accumulating funds by selling soft drinks and newspapers. By 14, he bought 40 acres, a precursor to his financial success.
➤ Path to Wealth
Buffett’s education under Benjamin Graham at Columbia University laid the foundation for his investment philosophy. Co-founding Berkshire Hathaway with Charlie Munger, he acquired undervalued stocks, adopting a long-term approach.
➤ Building the Empire
Buffett and Munger transformed Berkshire Hathaway from a dying textile mill into a conglomerate, acquiring solid yet undervalued stocks like Coca-Cola, Geico, and others.
➤ Philanthropic Endeavors
Buffett’s philanthropy extended through the Susan Thompson Buffett Foundation, advocating family planning and disarmament. He pledged 99% of his wealth to the Bill & Melinda Gates Foundation, contributing over $36 billion.
➤ Legacy
Warren Buffett revitalized value investing, making it accessible and popular. His influence continues as millions of investors adopt his strategies for enduring wealth through sound, well-managed investments.
➤ Popular Quotes by Warren Buffett
“The first rule of investment is to never lose money. The second rule is to never forget the first rule.”
“Price is what you pay. Value is what you get.”
“If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes.”
“Be fearful when others are greedy and greedy when others are fearful.”
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
Warren Buffett
