Warren E Buffett (Billionaire)

Warren E Buffett (Billionaire)

Introduction

Warren has been acknowledged as a most leading and high-ranking person in the globe. He is a capitalist, shareholder and a generous contributor. He is the C.E.O. and business leader of an American international corporation -“Berkshire Hathaway“. Born in the year 1930, his father Howard Buffet was the U.S delegate .He finished his primary schooling in “Rose Hill Elementary Institute, Omaha”. Saving funds and making capital are the subject matter which always stimulates Buffet's interest. He has completed his master's degree of science in finances from Columbia, in the year 1951 (Cramer, 2003). This paper will shed light on the biography of Warren E Buffett and describe his claim to fame.

Discussion

Business Career as an Investor

Capitalist and Shareholder: Buffett's father Howard was a stock agent and offered the position as U.S. Congressman. His mother was a house wife. He was the second of three kids and the only boy. He showed great ability for economic and industrial issues early on in his youth. People called him an arithmetical genius, and were capable to put in large columns of figures in his head-a skill he still rarely shows off to associates and business partners (www.biography.com).

He frequently visited his father's stockbrokerage store as a youngster, and thought over the stock market in the workplace. At 11 years old he made his first savings; he purchased three shares of Cities Service chosen at $38 for every share. The stock quickly falls to just $27, but he kept it steadfastly till they arrived at $40. He sold them at small earnings but was disappointed on the choice when Cities Service shot-up to almost $200 a share. He, afterward, mentioned this practice as an early example in persistence in investing sphere.

By the age of 13, Buffett was managing his ...