WARREN BUFFETT Quote : Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
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Wednesday, March 17, 2010

How the Oracle of Omaha went from being a stockbroker to one of the world's richest people.

Warren Buffett's Inner Drive


by Claire Obusan
Warren Buffett is the third-richest man in the world with a net worth of $47 billion.

Origins
Warren Edward Buffett was born in Omaha, Neb., on Aug. 30, 1930, the second of three children of Leila Stahl Buffett and Nebraskan politician and businessman Howard Buffett.
Even as a child, Buffett was already devising ways to make money. He delivered newspapers as a boy, worked at his grandfather's store and sold gum, Coca-Cola and weeklies door-to-door. At age 10 his father took him to New York as a birthday gift; the young investor asked to visit the New York Stock Exchange. He filed his first tax return at age 13, claiming a $35 deduction for his bicycle.
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