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25 Points on the Oracle of Omaha “Warren Buffett”

There are lots of inspiring personalities in the world, whom we take as a role model for what they have become. One among those and probably the most inspiring person for me is none other than Warren Buffett. The man is not only a role-model for people in finance or investing, but an example of great human being.

Understanding a person through his/her life story is quite difficult since we’ll do lots of assumptions when we are left with lots of gaps in personal life information. However, Buffett is an exception. You’ll be in the same boat as me if you listen / read through his life, quotes and interview speeches and so on. With no further delay, let’s get on to the story of the man itself.

Warren Buffett is an American Investor, business magnate, philanthropist who is well known for investing under his Berkshire Hathaway Inc. Buffett began to cultivate the investor mind at his early age itself when he was inspired by the book “One Thousand Ways to Make $1000” (Author: F.C.Minaker), which he had borrowed from the Omaha Public Library at the age of 7. Buffett’s interest in stock market investing developed when he spent some school days in customer’s lounge of a regional stock brokerage near his father’s own brokerage office. At age 10, he had a chance to visit New York Stock Exchange. At age 11 itself, he bought three shares of Cities Service. This is how, ‘The Life of the most Successful Investor in the World of all time’, starts.

25 Points about Warren Buffett Story

Risk comes from not knowing, what you’re doing!

If you can’t control your emotions, you can’t control your money!

Epilogue:

Warren was also an economic advisor during Obama’s period of President-ship. Barack Obama in 2011, proposed a tax plan named “Buffett Rule”, stating that the plan would apply a minimum tax rate of 30% on individuals making more than one million dollars a year. Been known as “The Oracle of Omaha”, Warren excels in his investing knowledge and skill. Reading 500 pages or five newspapers daily may seem crazy but, consistency over time had made him worth $169 Billion person.

In fact, if you would notice as well, he hardly worked as physically until he conquered 6 partnerships in his BPL; But his mental activeness, knowledge & skill had carved him so. He didn’t work for money; The money worked for him. As he said, “Work until you earn money while you are sleeping”, he deserves as to be the best example.

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