Warren Buffett (WarrenE.Buffett) (1)
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Warren Buffett (Warren E. Buffett)
Shares of God: Warren Buffett (Warren E. Buffett), chairman of Berkshire Hathaway.
About Warren Buffett
August 30, 1930, Warren Buffett was born in Omaha, Nebraska, Warren Buffett
investment awareness very early age, he was deeply in love with stocks and numbers
far in excess of the family of any person. His stomach is full of money in the Road,
children, the age of five on a street vendor selling chewing gum at home. Slightly
after he led the junior partner to the golf course used pick wealthy, and then sell them
the business quite by the fire. High school, in addition to after school to do newsboy,
he also will partner with the partner to the barber billiards game rental store owner
who earn extra money.
In 1941, just entered the age of 11, he shares awarded by the sea, bought his first
In 1947, Warren Buffett, the University of Pennsylvania study into the financial and
business management. But he felt that professors metaphysics quickly, after two years
of leave without saying goodbye and, after admitted to Columbia University,
Department of Finance, Investment apprentice in the famous theorists, Ben Graham.
In Graham Ha, Buffett like a duck. Graham anti-speculation, and stands for the
profitability of enterprises, assets, and to assess the future prospects of the stock. He
taught Buffett&#39;s wealth of knowledge and know-how. Talented Graham,
Buffett quickly became the star pupil.
For Harvard University in 1950, Buffett was turned away.
In 1951, the 21-year-old Buffett graduation, he received the highest A +.
In 1957, Buffett in charge of the capital 30 million, but the end of the year rose to 500
thousand U.S. dollars.
In 1962, Buffett&#39;s partner of the company&#39;s capital reached 720
million, of which 1 million are Buffett&#39;s personal. He was a merger of
several partners to a &quot;Buffett Partners Limited.&quot; Minimum
investment to expand to 10 million. Situation is like now that China&#39;s
private equity funds or private investment company.
In 1964, Buffett&#39;s personal wealth at 400 million, but this time he has been
in charge of the funds up to 22 million U.S. dollars.
Warren Buffett (left) in the New York Stock Exchange
The spring of 1966, the U.S. stock market bullish, but Buffett&#39;s shares even
though he was restless in soaring, but found it difficult to find a cheap line of his
standard stocks. Although the stock market madness of speculation to the speculators
line brought a fortune, but Buffett is swayed because he thinks the stock&#39;s
price should be based on earnings growth rather than speculative basis.
October 1967, Buffett in charge of the funds to reach 65 million U.S. dollars.
In 1968, Buffett&#39;s shares made it the best result in history: an increase of
59%, while the Dow Jones index was up 9%. Buffett in charge of the funds rose to
100 million zero-four million U.S. dollars, of which there are 25 million U.S. dollars
May 1968, when the stock market a triumph, Buffett has informed the partners, he
faded into the background. He then gradually clearing up Buffett&#39;s partner
almost all the stock.
June 1969, the stock market straight down, gradually evolved into the stock market
crash, to May 1970, each stock should drop 50% over the previous year, or even
Between 1970 -1974, the U.S. stock market like a deflated ball, not the least bit angry,
continuing inflation and low growth in the U.S. economy has entered a
&quot;stagflation&quot; period. However, Buffett has once lost secretly
pleased because he saw the unusual sources of income will keep coming ─ ─ he
found too many cheap stocks.
In 1972, Buffett has eye on newspaper industry, because he found it has a brand-name
newspapers, it is like have a toll bridge, no passing must leave money from. 1973, he
secretly eating in the stock market, &quot;Boston Globe&quot; and
&quot;Washington Post&quot; He&#39;s involved in making the
&quot;Washington Post&quot; substantial increase in profits, average
annual growth of 35%. 10 years later, Buffett invested 10 million U.S. dollars rise to
In 1980, he used 120 million U.S. dollars to 10.96 U.S. dollars per share, unit price,
buy 7% stake in Coca-Cola. By 1985, Coca-Cola changed its business strategy, capital
began to withdraw, into beverage. The stock unit has grown to 51.5 U.S. dollars,
turned 5 times. As for the profit, the number of investors can make the world
1992 to 74 U.S. dollars Buffett purchased 435 million shares of an American
high-tech defense industry companies - General Dynamics stock, stock end of the
year rose to 113 yuan. Ba Feite six months ago, have 32,200 million shares had a
value of 49,100 million U.S. dollars
The end of 1994 has developed into a 23 billion U.S. dollars of Berkshire industrial
kingdom, it is no longer a textile factory, it has become Buffett&#39;s huge
investment banking group. From 1965-1994, the average annual value of stock
Buffett 26.77%, higher than the Dow Jones index of nearly 17 percentage points.
Anybody who invested in 1965, Buffett&#39;s company 10 thousand U.S.
dollars, then to 1994, he received 11.3 million U.S. dollars could return, that is, who is
over 30 years ago chose Buffett will come to get on the rich rocket.
March 11, 2000, Buffett in Berkshire&#39;s Web site on this year&#39;s
annual letter - a heavy letter. Figures show that investment fund chaired Buffett
Berkshire Group, last year&#39;s net income fell 45 percent, from 2.83 billion
U.S. dollars fell to 1.557 billion U.S. dollars. Berkshire&#39;s A share price fell
20 percent last year, is the only time the 90s down; while Berkshire&#39;s book
profits grew by only 0.5%, far lower than the same period the growth of the S
&amp; P 21, 1980 the first time since the lagging behind.
March 1, 2007 night, &quot;stock god&quot; Warren Buffett, the
investment arm of the flagship companies - Berkshire Sawei company (Berkshire
Hathaway) announced results for its fiscal year 2006, data may benefit from the
hurricane, &quot;no-shows&quot;, lucrative company&#39;s main
insurance business, Berkshire profit up 29.2% last year, profits reached 11.02 billion
U.S. dollars (higher than the same period of 2005 to 85.3 billion U.S. dollars);
earnings per share 7144 U.S. dollars (2005 to 5338 U.S. dollars).
In the 42 years between 1965-2006, Berkshire&#39;s net assets reached 21.4%
average annual growth rate of the cumulative growth of 361,156 percent; the same
period the S &amp; P 500 Index constituent companies of the annual growth rate
of 10.4% cumulative growth rate for the 6479 %.
March 1, 2007, Berkshire A shares rose 410 U.S. dollars to close at 106,600 U.S.
dollars. Last year, Berkshire A shares rose 23%, in contrast, S &amp; P 500
index returns averaging 9%.
Buffett is the greatest investor, he relies on stock investment in the foreign exchange
market as the world&#39;s leading rich. He advocated the value of investment
theory swept the world. Value investing is not complicated, Buffett had to boil down
to three points: the stock as many micro-business units; to market fluctuations as your
friend rather than enemy (sometimes profit from the blind loyalty to a friend) ; to buy
the stock price should be lower than the price you can afford. &quot;In the short
term, the market is a vote calculator. But the long term, it is a weighing
device&quot; - in fact, not difficult to grasp these ideas, but few can be as few as
Buffett for years and to stick to it. Buffett seems to never try to make money through
the stock, he bought the stock based on: Suppose the stock market closed the next day,
or within five years is no longer re-opened. Appears in the value of investment theory,
once they see the market volatility that profitable investments into speculation,
nothing more than the gambling mentality affect investment. &quot;
Warren Buffett (left) and friends Bill Gates
Buffett June 25, 2006 announced that he will donate up to 37 billion U.S. dollars the
total amount of private wealth to invest in philanthropy. This huge amount of
donations will enter the world&#39;s richest man, Microsoft chairman Bill Gates
charitable foundation established and the Buffett family foundations. Buffett donated
37 billion U.S. dollars is the United States appears to date the largest private
According to Reuters, Berkshire - Hathaway CEO Warren Buffett investment, now 75
years old, &quot;Forbes&quot; magazine estimated his worth at 440 million,
is second only to Gates, the world&#39;s second Fu. 37 billion yuan of
donations accounted for about 85% of Buffett&#39;s property.
Buffett in a letter to Bill and 梅林达盖茨基 Council letter said he would donate
1,000 million B shares of Berkshire Hathaway stock, according to market value, equal
to Gates, Buffett will Fund donated 30 billion U.S. dollars.
Gates Foundation, said in a statement: &quot;We are our friend Warren
Buffett&#39;s decision was flattered. He chose the Bill &amp; Melinda
Gates Foundation to donate most of his wealth to solve the world the most
challenging inequities. &quot;
In addition, Buffett will be created for the late wife of charitable funds donated 100
million shares, while his three children to the charitable funds donated 35 million
Not long ago, Gates has just announced that he will be gradually handed over within
two years, the daily management of his duties at Microsoft to threw himself into the
work of the Gates Foundation. Gates Foundation&#39;s total assets reached 30
billion U.S. dollars currently. The Foundation is committed to helping the cause of
developing countries and the development of medical education in the United States.
In 2008, Buffett once again the world&#39;s richest man. Total assets of 62
billion U.S. dollars.
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