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Warren Buffett? The latest News In the falling days of 2008, Buffett issued his first biography The Snowball, which help him earn more than 7 million dollars. Buffett invested $1.8 billion (10%) to the enterprise of BYD automobiles in May,2009. Warren Buffett?is born Warren Edward Buffett was born on August 30, 1930 to his father Howard, a stockbroker-turned-Congressman. The only boy, he was the second of three children, and displayed an amazing aptitude for both money and business at a very early age. Warren Buffett?is born Acquaintances recount his uncanny ability to calculate columns of numbers off the top of his head - a feat Warren still amazes business colleagues with today. Warren Buffett?is born At only six years old, Buffett purchased 6-packs of Coca Cola from his grandfathers grocery store for twenty five cents and resold each of the bottles for a nickel, pocketing a five cent profit. Warren Buffett?is born While other children his age were playing hopscotch and jacks, Warren was making money. Five years later, Buffett took his step into the world of high finance. Warren Buffett?is born At eleven years old, he purchased three shares of Cities Service. Preferred at $38 per share for both himself and his older sister. Shortly after buying the stock, it fell to just over $27 per share. A frightened but resilient Warren held his shares until they rebounded to $40. Warren Buffett?is born He promptly sold them - a mistake he would soon come to regret. Cities Service shot up to $200. The experience taught him one of the basic lessons of investing: patience is a virtue. Warren Buffetts Education In 1947, a seventeen year old Warren Buffett graduated from High School. It was never his intention to go to college; he had already made $5,000 delivering newspapers (this is equal to $42,610.81 in 2000). His father had other plans, and urged his son to attend the Wharton Business School at the University of Pennsylvania. Warren Buffetts Education Buffet
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