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Warren Buffet is born
Warren Buffet is born in a hospital -
Warren Buffet buys his first stock
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Warren Buffet Creates Wilson Coin operator
Buffett joins his friend Donald Danly to start a company called Wilson Coin Operated Machines. The business buys a pinball machine at a cost of $25 and places it in a nearby barber shop. Wilson Coin makes $50 per week for Buffett and Donald. -
Buffet is introduced to Charlie Munger
Buffett was introduced to Charlie Munger by his friend Edwin Davis at a dinner. Charlie Munger later becomes the Vice Chairman of Berkshire Hathaway. -
Buffet Creates Buffet Partnership
Buffett goes to New York to meet his old acquaintances to include more partners and raise capital. He collects a few hundreds of thousand dollars. Buffett partnerships is worth $7.2 million. Buffett then merges all partnerships into one and rename it as Buffett Partnerships Ltd. -
Buffet takes full control of Berkshire Hathaway
Buffett invests $4 million in Walt Disney after a meeting with Walt Disney himself which is almost 5% of the company. Buffett takes full control of Berkshire Hathaway and names Ken Chase to be the CEO. -
Berkshire Hathaway starts giving a Dividend
Buffett Partnership now owns 59.5% of Berkshire Hathaway. Berkshire Hathaway pays a 10 cent dividend. This is the first and only dividend it has paid ever. -
Partnership cost a lot
Partnership is worth $104 million. -
Berkshire takes a hit
Due to falling stock prices, the value of Berkshire Hathaway portfolio begins to fall. Warren’s personal network falls by more than 50%. -
Bill gates elected director
Bill Gates is elected as a director for Berkshire Hathaway.
