image : Warren E. Buffett

Warren E. Buffett

" Price is what you pay. Value is what you get. "

Born in 1930, the legendary Warren Edward Buffett’s birthplace was Omaha, Nebraska. He is the second child to his parents- father Howard Buffett and mother Leila. Warren Buffett’s father was a U.S. Congressman, who was Scandinavian by origin and his mother was Spanish.

" We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. "

Buffet’s elementary education started at Rose Hill Elementary School in Omaha. He then went to the Alice Deal Junior High School and soon completed his Master of Science in Economics. From the childhood days of his life, Buffett was always deeply interested in trading and it is from the stock market that he started making and saving money.

" Someone's sitting in the shade today because someone planted a tree a long time ago. "

Buffett worked in his grandfather's grocery shop and adopted many other means of income like selling cold drinks, weekly magazines, stamps and chewing gums door to door and delivering newspapers. Things took a turn when Buffett and one of his friend invested $25 to buy a pinball machine that they installed in a barber’s shop. As they started generating income out of that machine, they soon installed some more machines in other barber shops.

" It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. "

Warren Buffett was just 11years old when he purchased his first shares for himself and as well as for his sister. During his graduation and studies at age of 20 he saved $9,800, and he rushed to meet Graham who was on the board of GEICO insurance. Warren yearned to work for Graham and that too without any fees. But he was refused the job and soon he came back to Omaha. He then started pursuing classes on “Investment principles” during which he also purchased a gas station, which unfortunately didn’t turn out to be profitable for him.

" It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. "

In 2008, Buffett became the richest person in the world. He then went on to become a billionaire with an estimate of his company valuing approximately US$62 billion. In 2009, he donated billions of dollars to the charity and even after that Buffett was ranked as the second richest man in the United States with a net worth of US$37 billion.

" Risk comes from not knowing what you're doing. "

Warren Buffett despite having two children and a full-fledged happy family is known to donate 99.9 percent of his wealth. Warren Buffet is a perfect example for the budding entrepreneurs conveying a clear message of vision, mission, focus and hard work.

" It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. "

The Best 4 Books on Warren E. Buffett

image Benjamin Graham

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) (Collins Business Essentials)

This classic text is annotated to update Graham's timeless wisdom for today's market conditions...

The greatest investment advisor of the twentieth century, Benjamin Graham, taught and inspired people worldwide. Graham's philosophy of "value investing" -- which shields investors from substantial error and teaches them to develop long-term strategies -- has made The Intelligent Investor the stock market bible ever since its original publication in 1949.

Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles.

Vital and indispensable, this HarperBusiness Essentials edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.

Read More
image Benjamin Graham

Security Analysis: Sixth Edition, Foreword by Warren Buffett (Security Analysis Prior Editions)

"A road map for investing that I have now been following for 57 years."
--From the Foreword by Warren E. Buffett

First published in 1934, Security Analysis is one of the most influential financial books ever written. Selling more than one million copies through five editions, it has provided generations of investors with the timeless value investing philosophy and techniques of Benjamin Graham and David L. Dodd.

As relevant today as when they first appeared nearly 75 years ago, the teachings of Benjamin Graham, “the father of value investing,” have withstood the test of time across a wide diversity of market conditions, countries, and asset classes.

This new sixth edition, based on the classic 1940 version, is enhanced with 200 additional pages of commentary from some of today’s leading Wall Street money managers. These masters of value investing explain why the principles and techniques of Graham and Dodd are still highly relevant even in today’s vastly different markets. The contributor list includes:

  • Seth A. Klarman, president of The Baupost Group, L.L.C. and author of Margin of Safety
  • James Grant, founder of Grant's Interest Rate Observer, general partner of Nippon Partners
  • Jeffrey M. Laderman, twenty-five year veteran of BusinessWeek
  • Roger Lowenstein, author of Buffett: The Making of an American Capitalist and When America Aged and Outside Director, Sequoia Fund
  • Howard S. Marks, CFA, Chairman and Co-Founder, Oaktree Capital Management L.P.
  • J. Ezra Merkin, Managing Partner, Gabriel Capital Group .
  • Bruce Berkowitz, Founder, Fairholme Capital Management.
  • Glenn H. Greenberg, Co-Founder and Managing Director, Chieftain Capital Management
  • Bruce Greenwald, Robert Heilbrunn Professor of Finance and Asset Management, Columbia Business School
  • David Abrams, Managing Member, Abrams Capital

Featuring a foreword by Warren E. Buffett (in which he reveals that he has read the 1940 masterwork “at least four times”), this new edition of Security Analysis will reacquaint you with the foundations of value investing―more relevant than ever in the tumultuous 21st century markets.

Read More
image Warren E. Buffett

The Essays of Warren Buffett: Lessons for Corporate America, Fourth Edition

The gold standard of its genre, according to Warren Buffett, the fourth edition of The Essays of Warren Buffett: Lessons for Corporate America marked this volume's 20th anniversary. As the book Buffett autographs most, its popularity and longevity attest to the widespread appetite for this unique compilation of Buffett's thoughts that is at once comprehensive, non-repetitive, and digestible. New and experienced readers alike will gain an invaluable informal education by perusing this classic arrangement of Warren's best writings.

The fourth edition's amazingly fresh material includes:
  • Warren's 50th anniversary retrospective, in what Bill Gates called Warren's best letter ever, on conglomerates and Berkshire's future without Buffett;

  • Charlie Munger's 50th anniversary essay on ''The Berkshire System'';

  • Warren's definitive defense of Berkshire's no-dividend practice; and

  • Warren's best advice on investing, whether in apartments, farms, or businesses.
Read More
image Peter D. Kaufman

Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger, Expanded Third Edition

EXPANDED THIRD EDITION includes Charlie's 2007 USC Law School Commencement address. Edited by Peter D. Kaufman. Brand New.
Read More

IF YOU’D LIKE TO LEARN MORE ABOUT WARREN E. BUFFETT, YOU CAN FIND HIM ON HIS Website, Facebook , Twitter , Instagram AND Youtube