Bussines Talks
He made $53,000 by the age of 16.
Even since he was young, Buffett’s been not only tactful, but also an extremely hard worker.
At age six, Buffett traveled his neighborhood, selling sticks of gun in packs of five for a nickel each.
When Buffett's father became a congresmman, his family moved from Omaha, Neb. to Washington D.C. Buffett delivered The Washington Post every morning and brought in about $175 a month (that’s more than most teachers made during that time).
He also pursued a few side gigs such as selling used golf balls and collector stamps and buffing cars. By the time he turned 16, he had amassed the equivalent of $53,000.
3.
He was rejected from Harvard Business School.
Buffett, confident he nailed his admissions interview, had already told a friend, "Join me at Harvard."
"I looked about 16 and and emotionally was about nine," he recalled of the in-person interview. Forced to look elsewhere, he settled on Columbia University, which only required a written application and no interview.
4.
Buffett doesn't keep a computer on his desk, and he chooses to use a flip phone rather than a smartphone.
There is, however, a World Book Encyclopedia set on his shelf.
5.
His distance from technology leaves him time for bridge, which he plays about 12 hours a week.
Oftentimes, his bridge partner is Bill Gates
6. Buffett is famous for his frugality. For example, his house in Omaha, Nebraska is a relatively humble structure with five bedrooms that he bought all the way back in 1956 for $31,500. With that said, it is important to note that the real estate market has changed since that time, meaning that the real estate realities have changed as well. This can be seen in how the house across the street from Buffett will now cost interested individuals more than $2 million
7. Even now, Buffett likes working in the manner to which he has become accustomed. For example, his office has nothing more advanced than a landline phone, which suggests that he does part of his research using the set of World Book Encyclopedias that can be found on his shelf. Similarly, while he has made some concessions in the sense that he has a cellphone, he still uses one of the old and outdated flip phones rather than one of the latest smartphones. In fact, Buffett has outright stated that he has sent one and only one email in his entire life, which was to one of Microsoft’s executives.
9. On a related note, Buffett has stated that he spends about 80 percent of his time reading, which is actually not that unusual when it comes to investors. After all, an investor cannot be confident in their investments unless they understand something about both their quantitative and qualitative status, which must be combined together in order to create a more coherent and thus more useful picture of the situation. Unsurprisingly, Buffett does not invest in companies that he does not understand, which is one of the reasons that he has been traditionally reluctant to invest in tech companies
10. Buffett’s seemingly unstoppable performance as an investor is particularly impressive in light of the fact that he is a notoriously bad eater. For example, he loves guzzling down cherry coke on a daily basis, so much so that his daily consumption of the bubbly beverage is at least five 12-ounce servings. Similarly, he likes ice cream as well as pouring huge amounts of salt on his food by putting one salt shaker in each hand while he pours
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