Warren Edward Buffett is one of the top investors of all time. The investments of this American business magnate made through his financial holding company ‘Berkshire Hathaway’ helped him build a fortune estimated at 6,770 crores USD. Over his lifetime, this well-known investor earned acclaim as one of the world’s foremost philanthropists alongside being the fourth wealthiest person in the globe. He has also been referred to as “Sage” or “Oracle” of Omaha by global media.
This Infographic highlights Warren Buffett’s investing strokes of genius, his greatest successes, and his most resounding failures that he would take back.
Infographic Content:
- Warren Buffett
- “Oracle of Omaha”
- 4th Richest Man in the World – Net Worth$67.7B
Early Milestones in His Life
1930 – Born in Omaha, Nebraska
5 Years Old – Sold Chiclets Gum and Lemonades
6 Years Old – Resold Coca-Cola for a Profit of 5 Cents
7 Years Old – Inspired by the Book “One Thousand Ways to Make $1000”
10 Years Old – Visited New York Stock Exchange
11 Years Old – Bought 3 Shares of Cities Service
12 Years Old – Started “Stable-Boy Selections” with his friend
- Worked in Grandfather’s Store on Weekends
13 Years Old – Delivered Newspaper for Washington Post
- Earned $175 Per Week, More Than His Teachers
- Filed his 1st Tax Return
14 Years Old – Invested in 40 Acres of Nebraska Farmland
- Started “Wilson Coin Operated Machine Company”
16 Years Old – Saved the equivalent of $53,000
Did You Know?
The young Buffett told either he would make millions by the age of 30 or jump off the tallest building in Omaha.
Buffet’s School Life
1947 – Entered Wharton School of the University of Pennsylvania
1950 – Bachelor of Science in Business Administration from the University of Nebraska
1950 – Rejected by Harvard Business School
1951 – Master of Science in Economics from Columbia University
“I don’t think college is for everyone. The best education you can get is investing in yourself. But this doesn’t always mean college or university.”
Did You Know?
Buffet was highly inspired by the book called “The Intelligent Investor” by Benjamin Graham.
Business Journey of Hungry Stock Picker
1951 – Worked as Investment Salesman for Buffett Falk & Company
1954 – Worked as a Securities Analyst in Graham-Newman Corp.
1956 – Created “Buffett Partnership, Ltd.”
1958 – Purchased a House for $31,500 Where he Lives Even Today
1959 – Opened a Total of Seven Partnerships
1962 – Became a Millionaire
1965 – Took Over the Management and Control of Berkshire Hathaway Inc
1970 – Named himself Chairman of the Board of Berkshire Hathaway
1982 – Buffet’s Net Worth was $376 Million
1986 – Became a Billionaire
1999 – Known as the Top Money Manager of the 20th Century by the Carson Group
2007 – Listed among Time’s 100 Most Influential People in the World
2008 – Dethrones Bill Gates to Become World’s Richest Man
2013 – He Made $37 Million a Day
2020 – Known as the Longest Tenured CEO of an S&P 500 Company
“I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”
Did You Know?
In 2008, USA Today stated that at least 47 books were in print with Warren Buffett’s name in the title.
Some Woes Buffet Had to Face
1975 – Investigated by the SEC for fraud along with Charlie Munger
1991 – News Broke Of Breaking Treasury Bidding Rules on Many Occasions
1999 – Some Newspapers Ran Stories about the Demise of the “Oracle of Omaha.”
2017 – He Was Outbid for an Energy Company Oncar
2018 – Tried and Failed to Invest $3 Billion in Uber
“When you combine ignorance and leverage, you get some pretty interesting results.”
Giving Back To the Community
2006 – Pledges to Give Over 99% of His Wealth to Charity
2011 – Received Presidential Medal of Freedom by President Obama for Philanthropy
2019 – Breaks His Personal Record by Donating $3.6 Billion
“If you’re in the luckiest 1% of humanity, you owe it to the rest of humanity to think about the other 99%.”
Did You Know?
People would bid up to $4.57 million just to have lunch with this self-made billionaire.
Buffet’s Investment Strategy
- Intrinsic Value
- Safety Margin
- Independence
- Discipline
- Patience
- Adaptation
“I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in the business.”
Source: Investopedia, Wikipedia, Forbes, CNBC