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Warren was born in nebraska
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Warren bought his first stock, 6 shares of an oil comany. He bought three for himself and three for his sister.
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Warren enrolled at the University of Pennsylvania at age 16 to study business. He was here for two years and then finished his degree at the University of Nebraska.
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Graham, who Warren previously worked for, retired. This grew Warren's savings from $9,800 to $140,000. In the same year, Warren created Buffett Partnership in his hometown.
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Warren had seven partnerships, worth a few milllion dollars.
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Warren sells Dempster for three times the invested amount. He also purchases Berkshire.
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Warren invests $4 million in Walt Disney which is almost 5% of the company and he takes full control of Berkshire Hathaway.
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Because of falling stock prices, the Berkshire Hathaway portfolio begins to fall. Warren's personal network falls by more than 50%
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Warren's personal net worth is now $620 million and he makes the Forbes millionaire list for the first time
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A $5 billion “paper” loss on investments and derivatives triggers a first-quarter loss for Berkshire. It is the biggest loss since the 9/11 terrorist attack. But earnings rebound later in the year.
