Warren Buffett (D.SmithdaMith)

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by Smitherrz
Last updated 6 years ago

Discipline:
Social Studies
Subject:
Economics

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Warren Buffett (D.SmithdaMith)

Warren Buffett

Businessman and investor Warren Buffett was born on August 30, 1930 in Omaha, Nebraska.He began investing at the young age of 11 and even started his own business when he was 13. In 1942,he and his family moved to Washington D.C. where he attended Woodrow Wilson High School. Four years later, he enrolled at the University of Pennsylvania, where he would study business. After graduating, he then took his $10,000 from his childhood business and immediately began investing in multiple companies, including Coca-Cola. Throughout his several successful decades in the investing department, he was able to become the richest man in the world in 2008, according to Forbes Magazine. With his net worth being listed at $42 billion.

Omaha, Nebraska sits on the Missouri River and is home to over 400,000 people.

Conventional Wisdom

Warren Buffett is a brilliant thinker and he has been able to show that to the world through is obvious success. Ever since the very young age of 11 years old, he has always been looking for new ways to make money. At that age, he was already investing and buying shares from local companies. He ended up making profit on all three shares in which he invested in. He always seemed to have a knack of making quick, easy money at a very young age, leading him to be one of the richest men of this generation.

New York Stock Exchange

A photograph of Warren Buffett

BigIdea

Warren buffet has persuaded a lot of people into investing in several stocks with his glamorous success. However, he didn't make all this money without doing his homework. Buffett has been able to, since a very young age, make the decision when it comes to money. He's been buying shares since he was 11 years old and hasn't stopped since. He's made a lot of money off of doing this and it's by all means caught the attention of most people. With his tremendous success he's been able to persuade people into thinking differently. The stock market has, and always, will be a risky area within the economy; however, Buffett makes people believe it is a reliable source for quick money.He's even came out with a book mentioning all the tips and secrets to become a successful businessman.

Criticism

Although there isn't any evident criticism revolving around Mr. Buffett, their can be one thing questionable about his way of thinking. It has been said, from multiple sources, that he is a sexist. There are talks saying that he doesn't believe in that women should have their way within the stockmarket. He thinks the men should have more power than them when it comes to this.

Bibliography

New World(s) & Compare/Contrast

Snapshot of Buffett's life


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