<!-- Facebook Pixel Code --> <script> !functionundefinedf,b,e,v,n,t,s) {ifundefinedf.fbq)return;n=f.fbq=functionundefined){n.callMethod? n.callMethod.applyundefinedn,arguments):n.queue.pushundefinedarguments)}; ifundefined!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElementundefinede);t.async=!0; t.src=v;s=b.getElementsByTagNameundefinede)[0]; s.parentNode.insertBeforeundefinedt,s)}undefinedwindow, document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbqundefined'init', '354966008428866'); fbqundefined'track', 'PageView'); </script> <noscript><img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=354966008428866&ev=PageView&noscript=1" /></noscript> <!-- End Facebook Pixel Code -->

Thursday, September 20, 2018

Warren Buffett started investing when he was 11: Here's a look at the billionaire investor's fortune


Warren Buffett's precocious business acumen was on evidence since early childhood. Here's how the world's third richest man managed to gradually amass a fortune over the years.

Buffett bought his first stock in 1941 at the age of 11, buying six shares of Cities Service, an oil service company, at $38 per share. The world's third richest man filed his first tax return aged 14, after making $500 by delivering newspapers. By the time he finished high school, Buffett had bought a stake in a 40-acre farm in Omaha, Nebraska.

In December of 1962, Warren Buffett (then 32), was gaining notoriety as an investor in Omaha, this was also when he first began buying stock in Berkshire Hathaway. By mid-1965, he had bought enough shares to take control of the company. (Pictured here are caricatures of Buffet and Berkshire Hathaway Vice-Chairman Charlie Munger on Heinz bottles. Kraft Heinz is backed by Berkshire Hathaway and 3G Capital)

If you need more information about the Stock Market:

Visit: http://www.tradeindiaresearch.com

Call On TOLL FREE Number: 9009010900

Whatsapp User Join Our Group: 9300421111

Source:https://www.moneycontrol.com/news/business/warren-buffett-started-investing-when-he-was-11-heres-a-look-at-the-billionaire-investors-fortune-2835821-3.html
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Closing Bell: Sensex ends 192 pts lower, Nifty below 11,600 even as RBI cuts rate

Market at close:  Benchmark indices ended lower but off day's low after Reserve Bank of India (RBI) slashed repo rate by 25 bps to 6...