What the wise man does in the beginning, the fool does in the end – Shares in the Berkshire Hathaway Textile Company could be had for around $7.50 when Mr. Buffett first started buying the stock for himself and his partners. It closed at $214,400 April 29th 2015. That’s an increase in excess of 2,850,000%. What a man and his vision:
Here are seven interesting things I learned about Warren Buffett from The Snowball, and some ideas on how they can help you’re investing:
- Buffett set goals young. (He really started, really young)
Buffet began obsessing over numbers as a child. He raced marbles with a stopwatch and calculated the lifespan of hymn composers when six-years old. He sold chewing gum at seven and Coca Cola when he was eight: the same year he began wearing a money-changer on his belt.