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Birth of Warren Buffet
He was born as a second child to Howard and Leila buffet -
Buffets first purchase of a stock
He buys a handful of stocks for 38.25 and sells the prematurely losing a big profit and teaching him to be more patient. -
Buffet learns
He learns 3 principles from the book "The Intelligent Investor"
those things being: Look for a business with a moat, buy quality when it is marked down, and Invest in what you understand -
Warren buffet gets married for the first time
Warren Buffet married his first wife Susan -
Warren starts first Partnership
decides to open his own business after working with his mentor Graham Newman for a couple of years -
Buys sees candy
he saw it as an ideal purchase because of high customer loyalty and little new capital -
Buys coca cola
He justifies his purchase with his like of cherry cokes and its very strong advertising campaigns -
Second marriage
Marries his wife's close friend 2 years after his wife's death. The marriage is considered "unconventional" -
Receives presidential medal of freedom
"Integrity isn't just a good trait, its good for buisness" -
Succession over times
Buffet plans to slowly pass on his role CEO to other people
