Who is Warren Buffett? For those who are curious about the answer to this question, in this article, I will try to give information about the life, achievements and investment philosophy of Warren Buffett, one of the richest and most successful investors in the world.
Warren Buffett was born in 1930 in the US state of Nebraska. His father was a stockbroker and Republican Party MP. Buffett, who started his business life at an early age, worked as a newspaper distributor, collecting golf balls, and selling stamped envelopes. He bought his first stock at age 11 and filed a tax return at age 13. At the age of 16, he had a fortune of 53 thousand dollars.
After graduating high school, Buffett did not want to go to college, but at the insistence of his father, he enrolled at the University of Nebraska. He studied business administration here and graduated at the age of 19. He later attended Benjamin Graham's lectures at Columbia University. Graham developed an investment strategy called value investing and became Buffett's mentor.
Buffett started working for Graham and later started his own investment firm. He took control of the company by buying shares of Berkshire Hathaway textile company. Later, he quit the textile business and invested in companies operating in sectors such as insurance, banking, energy, railway, aviation, media and technology. Today Berkshire Hathaway is one of the largest and most valuable companies in the world.
When investing, Warren Buffett thinks long-term, looks for quality companies that are sold under value, trusts rational analysis, not emotions, is not affected by market fluctuations, and constantly tries to learn. He is also known for his simplicity and modesty. He announced that he would donate most of his wealth to charities.
Who is Warren Buffett? This is the short answer to your question. There are many lessons to be learned from the life and investment philosophy of Warren Buffett, the world's richest and most successful investor. I hope this article was useful for you.