Saturday, August 11, 2007

50 Checkpoints of Warren Buffett's Carreer

0. Selling paper and cherry coke -Buffett breathed business since he was a young boy. By the time he was 20 years old in 1950, he had saved $9,800 by selling newspaper and cherry coke.

1. College years - From 1950 to 1956, Buffett perfects his investment style by practicing it again and again; by 1956 he has $140,000. - page 58

2. First partnership - In 1956 Buffett forms his first partnership with seven people - his sister Doris, her husband, Aunt Alice, Dr. Thompson, his ex roommate Chuck Peterson, his mother and Dan Moren his lawyer. They altogether put $105K, of which Buffett contributes a whopping $100. Yeah, I did not miss any zeros; it is indeed one with two zeros. - page 58.

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