Warren Buffett
Warren Buffett was born on August 30, 1930 in Omaha, Nebraska, USA. He is an American investor and philanthropist. He is said to be the greatest investor in the world of stock market. He is the largest shareholder of Berkshire Hathaway Company and is also the CEO of this company. It is estimated that as of February 11, 2008, Buffett was the owner of $ 62 billion, due to which he was declared the richest person in the world at that time.
Warren Buffett is called the Oracle of Omaha, despite having so much wealth, his behavior is quite simple and Warren Buffett works on the principle of pro-investment. The annual salary in the year 2006 was about $100000, which was much less than his hard work and hard work. He also lives in Omaha’s central Dundee neighborhood in the same house he bought in 1958 for $31,500, which is worth more than $700,000 today.
Warren Buffett was an investor as well as a noted philanthropist. In 2006, he announced a donation of 83% of his total wealth to the Bill & Melinda Gates Foundation. In 2007, he was named among the 100 most influential people in the world. Along with this, he has also served as a member of the Board of Trustees of Grinnell College.
About early life
Warren Buffett was born on August 30, 1930, in Omaha, Nebraska, USA.
Warren Buffett father’s name is Howard and mother’s name is Leela Stahl. He is a hypocrite. He had three siblings, of whom he was the darling of his parents, besides two sisters named Doris and Roberta.
Warren Buffett did his early education at Rose Hill Elementary School in 1942 after his father was elected to the United States Congress, after which he moved with his family to Washington and there he finished elementary school in Morance and led Lee Junior High School there. Graduated from the Woodrow Wilson School in 1947, then enrolled in the Return School at the University of Pennsylvania, then went to the University of Nebraska to complete his degree.
Warren Buffett ‘S father used to work as a stockbroker in the local area, due to which he became more inclined towards the stock market and at a young age he had a lot of knowledge of the stock market. As he grew older, he mastered the stock market. He was greatly inspired by Benjamin Graham. How he was influenced by the eclipse, he enrolled in Columbia Management School for his education. He says That I am 15% Fisher and 85% Benjamin Graham.
Warren Buffett explains the teachings given by Graham that Lion should be seen as a business, should use the ups and downs of the market to his advantage and should try to have a margin of safety, should try to invest all this. The fundamental principles he explains are that Graham said these principles of investing will not change even 100 years from now.
Warren Buffett pointed out that the number of advisors in the market is increasing day by day who do not make any kind of value addition and are compensated only on the basis of how much money they have made in the trade. Criticized that the volume of buying and selling of shares is increasing day by day and gave evidence that most of the profits of the investors go into the pockets of brokers and middlemen.
In the year 1996, in Harvard, he emphasized on the non-productive and smuggling of gold, saying that it is dug out of the ground in Africa or other countries, then it is melted and a pit is dug and put inside, then some people are protected by it. No utility is necessary for this. If someone from Mars is watching us, he must be scratching his head.
In 2006, he had his employees pay a percentage of their income in federal taxes, in view of those who believe that the US dollar will lose its value over time. Due to this, the US dollar and other wealth will be devalued, as a result of which a large part of the US wealth has gone into the hands of foreigners, due to this reason, Fed has been motivated to come in foreign currency in 2002, although by the year 2005,
he has reduced his hunter significantly. The reason for this is said to be that changing interest rates have increased the cost of holding currency contracts. According to him, now there will be a recession in the dollar. come from outside
Warren Buffett invested in PetroChina Company Limited for the first time and almost for the first time he wrote on the website of Berkshire Hathaway Company why he would not withdraw his investment even after some activists told him, although after some time he sold his stake. The reason was probably due to financial reasons.
He believes that the world has crossed its oil production capacity and gradually this product will go on decreasing. He says that the government should not be in the business of gambling, it does not suit his character.
Gives Buffett is also known for his speech and humor mixture. Each year, he serves as the chairman of Hathaway’s annual meeting of shareholders, which is held in Omaha, Nebraska. More than 20,000 people come to this meeting, some of which are foreigners. This meeting is also known as the “Woodstock of Capitalism”.
The financial media publishes a report made by Buffett to the shareholders of Burke’s stock. Buffett also writes literary examples and some jokes in the Bible and in West, some websites praise him and his investment fundamentals. There are some opponents who also oppose their basic principles.
He spoke in favor of an extended tax, saying that removing it is not an easy task as it is like choosing the sons of Olympic gold winners in 2000 to choose the 2022 Olympic team.
In 2007, sitting senior Buffett testified to the Senate and urged him to preserve the estate tax so that the wealthy could escape the system,
but some A lot critics, including Joan Belau Belau Ber Lau Belau August 2023 2004 in the National Room It is pointed out that there is a personal advantage in issuing and receiving the stomach because of this tax, they have benefited from earlier merchant business transactions, as well as such insurance plans and marketing.
private life
Warren Buffett married Sushant Thomson in 1952. They have three children, Sushi Howald and Peter. They separated in 1977. However, Susant Thomson died in 2004. At that time, her daughter Sushant lives in Omaha and runs the Susan A Bucket Foundation.
and is a national board member of Girls Inc. On her 76th birthday in 2006. His friend Astrid Mc Map Max, who was 60 years old and had lived with him since his wife moved to San Francisco in 1970, married him and, interestingly, they were introduced by Susan Buffet.
Married his friend Astrid Maneka in 2006 after his wife’s death. They have known each other since his first wife left him. He was diagnosed with prostate cancer in April 2012. He was diagnosed with prostate cancer in April 2012.He was very fond of bridge game, he says that he plays this game even in 12 hours a week.He often plays with Bill Gates and Paul Allen
Warren Buffett believed in giving back to the society and had pledged to donate a major portion of his net worth, out of which 82 percent was given to the Bill & Melinda Gates Foundation. His first investment was 7 He had done this at the age of 10 years, which he had invested in the form of his books, he used to think like an investor since childhood.
In his first business, he sold Chingam, Coca Cola bottle and weekly magazine from door to door. which earned them over $175.
He worked at his grandfather’s grocery store and earned money by delivering newspapers and selling golf balls and stamps, among other means.
As a high school student in 1945, Pete and a friend bought an old pinball machine for $25 and put it in a nearby secondhand store. Within a month, they had three different Omaha heroes. had three machines at the shops.
In the year 1956, he opened Buffett Partnership Limited Company in his home town. Using the techniques of his surrounding environment, he was able to identify the undervalued company and became a millionaire.